As deadline nears, bike-share firms yet to seek licence

File photo showing shared bicycles left indiscriminately near Yishun MRT station. Mobike, ofo and SG Bike, are keen to continue operations in Singapore.
File photo showing shared bicycles left indiscriminately near Yishun MRT station. Mobike, ofo and SG Bike, are keen to continue operations in Singapore. ST PHOTO: DESMOND WEE

With a month to go and one firm already throwing in the towel, the remaining bicycle-sharing firms say they intend to meet the deadline to apply for an operating licence.

On July 7, GBikes, an initiative by financial technologies solution firm FinTechSG, will cease operations, The Straits Times reported earlier.

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A version of this article appeared in the print edition of The Straits Times on June 11, 2018, with the headline 'As deadline nears, bike-share firms yet to seek licence'. Print Edition | Subscribe