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