OBikes Are Leaving Melbourne

A bike share operation will reportedly withdraw from Melbourne

The distinctive yellow oBike rental bicycles will disappear from Melbourne's streets as the Singapore-based company shuts up shop.

The bikes only landed in Melbourne less than 12 months ago, but reports published today by the Herald Sun suggests that the company has already given up on the city and is in the process of exiting stage right.

It's even once seen a bike hung up in a Melbourne alley like the scene from E.T.

Melbourne Lord Mayor Sally Capp has asked people to stop using the rental scheme after confirming the company is shutting up shop in the city, nearly a week after hefty fines for dumped bikes came into effect.

A bike-share operation will reportedly withdraw from Melbourne.

"OBikes have made a decision to withdraw from our market here in Melbourne and we are working very closely with them to remove oBikes from the city streets", she told reporters.

This comes after the Environment Protection Authority announced steep new fines of $3000 per dumped bike, payable by the business.

At the time of writing, a cursory look at the oBike app shows a number of bikes now residing in the middle of the Yarra River, which seems about right.

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