STARTUPS

SINGAPORE-based transportation startup Beam has snagged US$6.4 million in seed funding to launch a shared mobility platform in Singapore and Asia, starting with e-scooters.

MAINBOARD-LISTED BM Mobility Ltd has launched the first electric bike-sharing service in Malaysia at the University of Malaya in Kuala Lumpur, using its own brand of bicycles, Revgo.

THIS WEEK'S TOPIC: How should the bicycle-sharing business be regulated?...

[NEW YORK] Less than a year after Beijing-based Ofo Inc entered the United States with big ambitions, the world's largest bike-share company plans to shut down most of its US operations, the...

THE Land Transport Authority (LTA) will consider requiring bike-sharing operators, which require users to pay a deposit, to themselves pay a security deposit or bond, with the introduction of...

LIQUIDATORS from business advisory firm FTI Consulting have been appointed to handle the winding up of troubled bike-sharing firm oBike.

LYFT competes with Uber for ride-hailing customers. Now it is following its rival into bike-sharing, as the companies move to diversify the kinds of transportation services they offer.

[LONDON] Lyft competes with Uber for ride-hailing customers. Now it is following its rival into bike-sharing, as the companies move to diversify the kinds of transportation services they offer....

COMMENTARY

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...

THE announcement on Monday may have come as a shock to commuters, but the writing was already on the wall for oBike.