Bike-sharing
Singapore’s Anywheel gets green light to expand fleet to 35,000
SINGAPORE’S Land Transport Authority has allowed local bike-sharing company Anywheel to add another 5,000 units to its fleet, pushing its total to 35,000.
Founder behind historic China bicycle bust starts over in New York City
IN February last year, a tiny coffee store with red neon signs opened at Gramercy Park, one of the most idyllic neighbourhoods in New York City.
New Delhi city warns Uber, Ola on use of bike taxis
New Delhi city authorities have warned Uber and its rival Ola for allegedly violating local transport rules by providing two-wheeler bike taxis, a senior government official told Reuters on Tuesday (F...
Public-private partnerships in urban mobility
CITIES like Singapore need efficient transportation systems to physically connect people, goods and places. The development of transport systems is ever dynamic, influenced by evolving demand, new tec...
Global revenue from car and bike sharing may rise 40% by 2030
MOBILITY services including car rentals, ride hailing and bike-sharing apps are expected to generate annual revenue of US$660 billion in 2030, according to a just-released study by the Oliver Wyman Fo...
Graveyard of the bicycles: China's failed bike-sharing scheme
[BEIJING] Handlebars tight in snaking rows of colour, thousands of abandoned bicycles line an open field outside the city of Shenyang, relics of a shared bike mania that has overwhelmed China's cities...
Bike-sharing war in S'pore goes up a gear
Ofo raises US$700m in Series E; Mobike unveils new bikes; oBike says it has local advantage
Was oBike just building to sell?
WHEN oBike exited Singapore this week, it cited difficulties in complying with the new bike-sharing regulations. But The Business Times uncovered that financial pressures could have played just as big...
Uber's exit a reminder to startups: you can't burn cash indefinitely
SoftBank seen as winner as sale of Uber's SEA business to Grab will cut losses for both businesses in which it has major stakes
oBike blames new rules for Singapore exit, but writing already on the wall
Observers say the bike-sharing operator has had cash flow woes and has run up a loss of more than S$4m