Singapore Business Review
With the recent shut downs of oBike, Gbikes and ShareBikeSG, Quest Ventures senior analyst Jasmine Toh provided her opinion on alternatives for last-mile transportation, and commended the regulators for their enforcement actions.
“Despite the latest development, bike sharing still remains an attractive last-mile transport option for commuters looking to travel short distances especially with a gap in the market for end-to-end transport solutions, Quest Ventures senior analyst Jasmine Toh told Singapore Business Review.
Aside from bike-sharing, Toh mentioned e-scooters as an option for last mile transportation.
“Last mile transportation was traditionally settled with walking or buses,” she said. “We believe that as long as last mile issues in transportation continue to be unsolved, there will be new business models to tackle this.””
