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Instead of collecting 20% commission fee, FastGo charges its drivers a fixed daily amount. After Vietnamese ride-hailing firm FastGo announced its debut in Singapore, 500 drivers have signed up 12 hours after registration. “It is a good signal for FastGo in the Singapore market,” FastGo CEO Max Nguyen told Singapore Business Review.
The Consumers Association of Singapore (CASE) has received 259 refund complaints on oBike. Meanwhile, investors believe that oBike sets a bad precedent and could hit bike-sharing firms' potential funding. Lim Wen Sheng started using home-grown bike-sharing app oBike since early last year.
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