The ride sharer has jumped into the bike-sharing market with GrabCycle Beta, reports TechCrunch. The service will see Grab offer bikes from a range of smaller companies including oBike, GBikes, and Anywheel. The bikes will be able to be paid for on a per-use basis by using GrabCredits, the company’s virtual currency. Right now the GrabCycle Beta is operational in Grab’s hometown of Singapore, but a spokesperson confirmed the company may likely launch the service in other locals in Southeast Asia.
collections
NewsletterCurrent IssueRecommender
The apps, books, movies, music, TV shows, and art are inspiring our some of the most creative people in business this month
Strong Female Lead
The struggles and triumphs of prominent women in leadership positions
Productivity
Productivity tips and hacks
Platform Wars
The major tech ecosystems that battle for our attention and dollars
Tech Forecast
What’s next for hardware, software, and services
Most Innovative Companies
Our annual guide to the businesses that matter the most
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
FastCo.Works Studio
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens
Follow us:
