oBike's new owner applies for licence to run e-scooter service

Investor to shut down bike-share firm, start e-scooter sharing under new brand

Omni Sharing directors Oscar Moises Chaves (left) and his brother Samuel (right), with chief operating officer Carlos Abarca. Omni yesterday applied for a sandbox licence to rent out 500 e-scooters here under the 0mn1 brand.
Omni Sharing directors Oscar Moises Chaves (left) and his brother Samuel (right), with chief operating officer Carlos Abarca. Omni yesterday applied for a sandbox licence to rent out 500 e-scooters here under the 0mn1 brand.ST PHOTO: KHALID BABA

oBike's new majority shareholder is aiming to become a global player in the personal mobility device (PMD) scene - but under a different brand.

Founded by a young Costa Rican investor, Omni Sharing yesterday applied for a sandbox licence to rent out 500 e-scooters here under the 0mn1 brand. Mr Oscar Moises Chaves is the head of investment firm OSS Inversiones, which bought oBike last September.

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A version of this article appeared in the print edition of The Straits Times on February 12, 2019, with the headline 'oBike's new owner applies for licence to run PMD service'. Print Edition | Subscribe