In brief: Ofo’s Singapore operations in trouble

At least two companies in Singapore have sent letters of demand to beleaguered bike-sharing firm Ofo to claw back money owed for logistic services. The unpaid money add up to more than US$510,000.

Employees in Ofo’s Singapore office are also owed thousands of dollars in unpaid transport and mobile phone claims. Ofo Singapore’s staff strength has shrunk from more than 100 a year ago to about 15 now.

Source: Today