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Bike rental wars: ofo, Mobike apply for licences; Mobike scraps deposit

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Published Fri, Jun 29, 2018 · 09:50 PM

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.

Mobike

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