Dublinbikes is a public bicycle rental scheme which has operated in Dublin since 2009. At its launch, the scheme, which is sponsored by JCDecaux, used 450 French-made unisex bicycles with 40 stations. By 2011 this had expanded to 550 bicycles and 44 stations, and in 2013 it was announced that a major expansion of the scheme would add a further 950 bikes and another 58 hire points. Dublin was the 17th city to implement such a scheme, and it was considered one of the most successful bike sharing schemes in the world, however in recent times progress has stalled with only 2 of 14 phases being rolled out. Currently the scheme loses €376,000 a year, leading to further expansion of Dublin Bikes being put on hold.