Gobee reported that over 1,000 bikes had been stolen and nearly 3,400 damaged during its four months of operation in France. Photo: Handout
Gobee reported that over 1,000 bikes had been stolen and nearly 3,400 damaged during its four months of operation in France. Photo: Handout

Theft, vandalism force Hong Kong bike sharing start-up Gobee to retreat from Europe

Asian bike sharing operators have embarked on overseas expansion over the past year as they burned through cash at home amid fierce competition

Gobee reported that over 1,000 bikes had been stolen and nearly 3,400 damaged during its four months of operation in France. Photo: Handout
Gobee reported that over 1,000 bikes had been stolen and nearly 3,400 damaged during its four months of operation in France. Photo: Handout
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