Singapore's bicycle rental shops fight to survive as bike-sharing grows
Traditional bicycle rental shops in Singapore are struggling to remain profitable as bike-sharing services offer cheaper and more convenient alternatives. Many long-standing shop owners are being forced to downsize or consider closing their businesses due to the shift in consumer behavior.
Why it matters
It highlights the disruptive impact of the sharing economy on traditional small businesses and local retail landscapes.
Three rental shop owners told CNA how bike-sharing's lower prices and convenience have forced them to downsize, diversify or consider shutting down.
Cyclists ride on HelloRide bicycles at East Coast Park on Jun 19, 2026. (Photo: CNA/Wallace Woon)
Charmaine Jacob 06 Aug 2026 06:00AM Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: Before the pandemic, long queues outside Mr Joe Chua's bicycle rental shop were so common that he marked boxes on the floor with black tape to keep customers orderly.
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