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.

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