ShareBikeSG exits Singapore
The startup called it quits days before a new licensing scheme for bicycle-sharing.
ShareBikeSG will cease its operation just a week after oBike’s exit, the bike-sharing startup announced through their Facebook page.
The startup started with 300 bikes in December 2017.
Also read: Users and investors left in limbo after oBike exit
It is the third bike-sharing firm to cease its operation, after oBike and GBikes.
A new licensing scheme will apply by 7 July which will regulate operators from offering dockless shared bicycles.