Singapore

BIKE-SHARING firm Mobike could have its global operations outside China snapped up by two Costa Rican brothers, The Business Times has learnt. They lead an investment firm that last September became the majority shareholder in troubled company oBike.

Partnering them is local bike-sharing startup Anywheel, which has clinched an informal agreement to manage Mobike's Singapore operations if the brothers' offer to Mobike's owner is successful.