Over 7,900 ofo bicycles sold in public auction

Yesterday's auction of ofo's bicycles attracted around 30 individuals, many from scrap-metal recycling companies. The bike-sharing operator's licence to operate services in Singapore was suspended in February.
Yesterday's auction of ofo's bicycles attracted around 30 individuals, many from scrap-metal recycling companies. The bike-sharing operator's licence to operate services in Singapore was suspended in February.ST PHOTO: KEVIN LIM

More than 7,900 bicycles belonging to embattled bike-share operator ofo were auctioned off at a public sale yesterday.

The sale, held at Bok Seng Logistics' warehouse in Tuas Avenue 3, attracted around 30 individuals, many from scrap-metal recycling companies.

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A version of this article appeared in the print edition of The Straits Times on April 02, 2019, with the headline 'Over 7,900 ofo bicycles sold in public auction'. Subscribe