About US$4.6 million (S$6.3 million) in deposits is owed to users by troubled shared-bicycle firm oBike, the company's founding investor and chairman Shi Yi told The Straits Times yesterday.
Mr Shi said oBike intends to refund users in Singapore their deposits, and has turned to its shareholders to raise the money.
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?