BlueSG Has Allegedly Lost Millions of Dollars Since Launch

[Voldermort]

According to data from the Accounting and Corporate Regulatory Authority, BlueSG has been incurring a growing amount of losses since its launch.

It reportedly made a loss of $3.4 million in 2017, $7.3 million in 2018, and $9.3 million in 2019.

The efficiency and affordability of Singapore’s public and private transport service options may be to blame for BlueSG’s decline.

Users also have to drive the car back to a parking station after use, so if you’re late for work and choose to rent a BlueSG car, you won’t be able to park at your office and dart up the stairs.

More at https://tinyurI.com/43fkdaes

 

[laksaboy]

BlueSG cars won't be missed. Their engines are super noisy, and emit a unique sound. You can close your eyes near a busy road junction and easily tell when a BlueSG car passes by.

 

[Scrooball (clone)]

U have to pay me to drive that embarrassing car around.

No money then pls don’t drive la.

 

[Leongsam]

Instead of car sharing Singapore should implement PMD ride sharing eg Lime.

It has been a huge success here in Auckland and it makes trips around the city very convenient.

https://www.li.me/en-us/home