Singapore’s Anywheel gets green light to expand fleet to 35,000

SINGAPORE’S Land Transport Authority has allowed local bike-sharing company Anywheel to add another 5,000 units to its fleet, pushing its total to 35,000.

This extends Anywheel’s lead as Singapore’s largest bike-sharing company in terms of fleet size, years after the first wave’s dominant players fizzled. Its closest competitor, Alibaba-backed HelloRide, operates 10,000 bikes per a license secured last year.

Meanwhile, SG Bike was approved to operate 1,500 shared bikes, but the company ceased operations last month. Following the closure, users were allowed to convert their existing credits for use in Anywheel’s platform.