Bike rental wars: ofo, Mobike apply for licences; Mobike scraps deposit
Singapore
BIKE sharing operators ofo and Mobike have applied for operating licences with Singapore's Land Transport Authority (LTA), the companies said on Friday.
Their applications came ahead of a July 7 deadline imposed by the Singapore regulator. Dock-less bicycle rental companies that fail to apply by that date will have to shut down their operations.
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