China’s Mobike takes on Ofo in Singapore as bike-sharing competition heats up

Mobike has formally launched in Singapore, joining the ranks of Ofo in the city-state as China’s two largest bike-sharing start-ups compete for market share outside their home turf.

Singapore is Mobike’s first market outside of China, and the company will work with regulators in the city-state to promote smart bike-sharing.

The company’s entry into Singapore is hot on the footsteps of rival Ofo, which set up shop in Singapore last month. Mobike will also pit itself against local Singaporean bike-sharing firm Obike, which has already deployed several thousand bikes islandwide.

The bike-sharing companies’ expansion to Singapore comes ahead of the city’s national bike-share scheme, which is expected to launch in the fourth quarter of this year with over 2,000 bicycles distributed in specific neighbourhoods.

Like its riders in China, Mobike users in Singapore download the app and unlock an available bicycle by scanning a QR code on the actual Mobike. When the trip is completed, users manually lock the bike and leave it in an authorised parking area near their destination. The GPS-enabled bikes mean that users don’t need to return them to specific docking stations, but can leave them within any area authorised for bicycle parking.