Starting the bike sharing GoBee Bike abandons and closes its doors in all French cities where it operates. GoBee Bike works exactly like the Chinese giants Ofo and Mobike. You open the app, you find a bike on the map and you unlock it by scanning a QR code. Once you are done, you lock it again and leave it there – there is no dock.

And yet, the startup blames the vandalism and says that the service would stop immediately. It should be noted that users will receive a refund on their remaining balances and a deposit of € 15. It’s a nice gesture.

According to the announcement, GoBee Bike has managed to attract 150,000 users in Europe who have used the service hundreds of thousands of times. But the company’s bikes have become slowly unusable. 3,200 bikes became dysfunctional, 1,000 bikes were illegally parked in someone’s home. Overall, GoBee Bike had to send someone in 6,500 cases.

The startup could not keep up and it became clear that the business model was not scalable if you were to repair the bikes all the time. As a user, it also seemed like you could not unlock most bikes because the battery lock was dead most of the time.

GoBee Bike first announced that it would stop operating in Brussels, Lille and Reims. The startup has also left the Italian market. And now, users in Paris and Lyon can not access the service either. The company still operates in his hometown, Hong Kong.

In Paris in particular, there were four different floating bike companies – Ofo, Mobike, Obike and GoBee Bike. GoBee Bike is clearly underfunded compared to these giants. According to CrunchBase, GoBee Bike has raised $ 9 million. Ofo and Mobike raised more than $ 2 billion.

And you can feel it as a user. While Oofo has been operating in Paris since mid-December, all the rides have been free for two and a half months. Mobike has been around for a month and the rides are free. Even Obike gave you 50 free spins when you signed up.

It’s hard to compete with free.

LEAVE A REPLY