GBikes to stop rental services from July

Bicycle-sharing firm to exit the day new licensing regime for sector takes effect

GBikes operated on a dockless system, in which users could unlock and rent bicycles through a mobile app, and return them to any parking space.
GBikes operated on a dockless system, in which users could unlock and rent bicycles through a mobile app, and return them to any parking space. PHOTO: AZIZ HUSSIN FOR THE STRAITS TIMES
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Singapore's bicycle-sharing sector is seeing its first casualty, amid stiff competition and a new licensing regime for operators taking effect on July 7.

GBikes, which started in May last year and had as many as 3,000 rental bicycles, will cease operations on the same day the licensing regime kicks in.

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A version of this article appeared in the print edition of The Straits Times on June 09, 2018, with the headline GBikes to stop rental services from July. Subscribe