Yesterday, co-founder of obike Edward Chen announced to reporters that matters in Singapore are being dealt with by the local team and also the legal team and the liquidation agent.
This comes after bike-sharing company oBike ceased operations in Singapore on Monday.
Simultaneously, many users of the app have gone into a frenzy after discovering that the latest app update removed the button that allows for the refund of deposits.
When asked if the company would be refunding deposits to its users, Mr Chen reportedly told TODAY that there was an existing plan for the whole process. He also declined to elaborate, asking that his Singapore-based team and lawyers be contacted for fu…
Read the full article at: http://theindependent.sg/obike-deposit-refund-button-on-app-mysteriously-disappeared-company-now-in-liquidation/