Singapore's Obike raises $45M

www.techinasia.com

An interesting competitor to Mobike and Ofo in China, Obike has gone global quickly, reaching 10 countries already. You might notice that I didn't write this story for TechCrunch -- that's because I'm not familiar with the company and wanted to interview the founders first but they declined a phone call. Make of that what you will. There's little known about the founding team, but it will be uphill task to compete with two billion dollar companies -- even if $45 million is a good size round for most startups in Southeast Asia, Obike is sure to need more. A lot, lot more. 

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