Business
SG Bike to exit Singapore market, Anywheel takes over customer base
SG Bike exits Singapore market as license expires on 30 April. Anywheel to take over its customer base starting 21 March.
SINGAPORE: Shared bicycle operator SG Bike, currently facing losses, will exit the Singapore market when its license expires on 30 April.
Anywheel, another bike-sharing provider, will take over SG Bike’s customer base starting 21 March.
On Thursday (21 Mar), Anywheel and SG Bike issued a joint press release announcing an arrangement enabling all SG Bike users to transfer their current wallet balance to the Anywheel platform.
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