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GBikes to stop rental services from July
Bicycle-sharing firm to exit the day new licensing regime for sector takes effect
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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
Adrian Lim
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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.
