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BlueSG Has Allegedly Lost Millions of Dollars Since Launch
An honorable member of the Coffee Shop Has Just Posted the Following:
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 Has Allegedly Lost Millions of Dollars Since Launch Click here to view the whole thread at www.sammyboy.com. |
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