Dockless bike sharing scheme to launch in Sheffield

How on earth is this company making a profit if they have six engineers driving around the city performing repairs?

The bikes seem to be also picked up on a trailer - pulled by another bike - so I doubt they have 6 people driving around all the time.

Zero-hours contracts probably.

The maintenance is performed by an existing local Sheffield business

How on earth is this company making a profit if they have six engineers driving around the city performing repairs?

The finances should work OK.

A comparable UK city is doing 4000 hires a day.

So that's £700,000+ per year income.

That's ample to pay the VAT, processing costs, have half a dozen staff, and replace and repair the bikes.

Ofo have 10 million bikes in total. Those in sheffield represent just a few hours worth of factory's production.

Mobike and Yobike run similar schemes in other cities.

Zero-hours contracts probably.

you’re such a mardyarse

you’re such a mardyarse

Haha!

I offered no opinion- just the suggestion that they might be! It's entirely up to the reader as to whether they think zero hours contracts are exploitative or not.....

The bikes seem to be also picked up on a trailer - pulled by another bike - so I doubt they have 6 people driving around all the time.

 

 

 

The maintenance is performed by an existing local Sheffield business

That's surely a good thing using local labour to collect and repair the bikes.

That's surely a good thing using local labour to collect and repair the bikes.

Indeed. As opposed to the kind of "McAmazon Bike" scenario that was being suggested

come up past the dump it site at Deepcar this afternoon ,and there is one of the Ofo bikes propped up on the fence outside the dump. :hihi:

come up past the dump it site at Deepcar this afternoon ,and there is one of the Ofo bikes propped up on the fence outside the dump. :hihi:

Surely that just means someone has used an Ofo bike to get to the dump, not that they've taken it there for dumping.

Spotted one in the Tescos Saville Street main entrance actually inside the store Friday night

Spotted one in the Tescos Saville Street main entrance actually inside the store Friday night

Tesco put the bike parking about as far from the door as possible in that shop. Hence people of average or below average patience 'wild parking' bikes near the entrance. Or indeed in the store.

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Saw one on Park grange road last week . It seems strange (to me) seeing an unattended bike that's not chained up

Saw one vandalised with both wheels bent next to Swann Morton on Penistone Rd. Reported it on their app, let's see how quick they come and get it.