https://www.todayonline.com/singapore/sharebikesg-exits-spore-3rd-bike-sharing-operator-shut-past-month
This is not surprising as this business model needs high riding volume to break even. Please read our previous postings regarding the bike sharing model.
http://sg-stock.blogspot.com/2018/06/another-bike-sharing-company-obike-has.html
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