OBikes exit Melbourne

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

The company confirmed it was pulling out of Melbourne, following controversy over bikes dumped on streets, up trees and in waterways and the promise of $3000 fines to operators for not cleared them away.

“oBikes have decided to withdraw from our market here in Melbourne and we are working very closely with them to remove oBikes from the city streets,” Lord Mayor Sally Capp said.