BELEAGUERED bike-sharing firm ofo has lost its licence to operate in Singapore, after failing to provide enough justification for why its licence should not be cancelled.

MOBIKE is withdrawing from the Singapore market - the third major bicycle-sharing operator to hit a roadblock here after oBike and ofo.

[SHANGHAI] Chinese bike-sharing startup Ofo, backed by Alibaba Group Holding Ltd, is battling "immense" cash flow problems and disbanding the firm has been considered as an option, its...

SINGAPORE'S pavements are about to get a lot more crowded. Beam, founded by the former Asian chief for Chinese bike-sharing giant Ofo Inc, has raised US$6.4 million from investors including...