public bike service Archives

Resident Complaints Lead to Removal of Bike Sharing Stations in Seoul

SEOUL, Oct. 25 (Korea Bizwire) — Rental stations for Seoul’s public bike service, dubbed Ttaereungyi in Korean, are being removed due to complaints from local residents. According to the data compiled by the city government, 65 of 95 rental stations that were removed from January to September last year were closed due to complaints. A [...]

Seoul City’s Bike Service Turns to Advertising to Overcome Losses

SEOUL, July 6 (Korea Bizwire) — The Seoul Metropolitan Government said Tuesday it will allow advertisements to be placed on bikes from its public bike service to overcome deficits. Tthe city’s unmanned bike rental service, dubbed Ttaereungyi in Korean, faced deficits of 9 billion won (US$6.88 million) in 2019, 9.9 billion won in 2020 and [...]