bike - sharing company oBike is abandoning its dockless fleet in Singapore because it lacks regulations prevent it from offering a viable business model . It 's the second such company to pull out of the city after GBikes . Singapore requires bike - sharing vehicles to be licensed by the Land Transport Authority , which restricts fleet size and imposes rules relating to indiscriminate parking . GBikes and oBike have been available on a platform run by GrabCycle , which also works with bike - sharing operators Anywheel and PopScoot . Similar regulations caused oBike also to pull out of Melbourne .
Bike-sharing company oBike is abandoning its dockless operations in Singapore because it says regulations prevent it from offering a viable business model. It's the second such company to pull out of the city after GBikes. Singapore requires bike-sharing companies to be licensed by the Land Transport Authority, which restricts fleet size and imposes rules relating to indiscriminate parking. GBikes and oBike have been available on a platform run by GrabCycle, which also works with bike-sharing operators Anywheel and PopScoot. Similar regulations caused oBike also to pull out of Melbourne.