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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 […]

Grab has launched a bike-sharing service in Singapore

[Photo: courtesy of Grab]

BY Michael Grothaus

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.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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