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LTA suspends ofo's operating licence, bikes to be removed from public spaces

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LaksaNews

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man-rides-an-ofo-bike-sharing-bicycle-in-a-village-on-the-outskirts-of-beijing-1.jpg

SINGAPORE: The Land Transport Authority (LTA) has suspended Chinese bike-sharing company ofo's operating licence in Singapore, it said on Thursday (Feb 14).
"Despite previous communications with ofo to comply with the regulatory requirements by Feb 13, 2019, ofo has failed to comply with these requirements, including proper implementation of the QR code system," said LTA.
Advertisement The authority said that ofo will be required to remove all their bicycles from public places by Mar 13.

The suspension will only be lifted if the company meets all regulatory requirements, LTA said, adding that it will continue to monitor the company's efforts to comply and may cancel its licence if does not show satisfactory progress.
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