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End of the road for car-sharing firm Smove
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Smove is the first major player in the vehicle rental market to go bust in recent years. Started in 2012, it has 450 cars and is said to be Singapore's first "free float" car-sharing firm, allowing customers to drop off a car at some 90 locations.
PHOTO: SMOVE/ FACEBOOK
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Car-sharing firm Smove is under liquidation - the first major player in the vehicle rental market to go bust in recent years.
Business restructuring specialist Acres Advisory has been appointed the liquidator.
