Wednesday January 22, 2020

Losses climb by €240,000 at Bleeperbike as it quits key area

Documents filed to the Companies Registration Office show the bike-sharing company’s losses rose to just shy of €420,000 last year

20th October, 2019
Hugh Cooney, the company’s founder and chief executive

Losses at stationless bicycle operator Bleeperbike grew significantly to €418,570 last year, according to its latest annual accounts. Documents filed to the Companies Registration Office (CRO) show the bike-sharing company’s losses rose from €174,740 in 2017 to just shy of €420,000 last year.

The firm’s bikes can be hired using a mobile app and are unique in an Irish context in that they do not need to be parked at a designated station as...

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