oBike announces strategic partnership with Grab

oBike announces strategic partnership with Grab

·         oBike will integrate GrabPay into its mobile app
·         The two companies will explore co-branded initiatives to improve the first and last mile transport system in Singapore



Singapore, 22 January 2018 – oBike, Singapore’s first homegrown station-less smart bike-sharing company, today announced that it has signed a memorandum of understanding (MoU) with Grab. As part of this partnership, oBike will integrate GrabPay – Grab’s mobile wallet into its mobile app, offering bike-riders an additional secure cashless payment option via the GrabPay wallet. The two tech companies are also working closely together with more joint initiatives in the pipeline to improve the on-demand transport infrastructure in Singapore. These will be revealed in the coming weeks.

Through various co-branded initiatives one of which includes Grab’s branding on oBike bicycles, the two companies aim to promote bike-riding as an alternative first- and last-mile commute across the island-state. This tie-up will make urban cycling more convenient and accessible for commuters, and cements oBike’s commitment to working with other players in Singapore’s on-demand transport ecosystem.

oBike users will not only benefit from greater choice in payment options with Grab’s proprietary payments platform, but will also be able to earn GrabReward points when they pay for their bike rides using GrabPay in the coming months.

“We are excited to enhance the oBike user experience by partnering with Grab - the leading on-demand transportation and mobile payments platform in Southeast Asia. I believe that this partnership, between two market leaders, is a natural extension of our goal to enhance the bike-sharing experience for commuters and strengthen our position as Singapore’s first bike-sharing operator,” said Tim Phang, General Manager, oBike Singapore.

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About oBike
oBike is Southeast Asia’s largest bike-sharing company, which uses technology to change how transportation is viewed in Asia. It aims to bring convenience to its users – especially during one-way first- and last-mile commuting – via bicycles located all over the cities they operate in.

oBike first launched in Singapore as the country’s first station-less smart bike-sharing operator, and has since expanded to over 70 cities in 20 countries worldwide in under a year. The company has made cycling a convenient, fun and environmentally-friendly commute option to more than 2 million users across Southeast Asia alone.

For more details, please visit https://o.bike/. The oBike App is currently available on the App Store and Google Play.



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