Singapore warns HelloRide over 2025 price-talk approach to Anywheel
Why it matters: The two companies are Singapore’s only licensed bike-share operators, so coordination could have directly hurt competition and riders.
Singapore’s competition watchdog issued a warning letter to bike-share operator HelloRide after finding that one of its representatives approached rival Anywheel twice in 2025 to discuss pricing. The Competition and Consumer Commission of Singapore said the contacts took place in July and October. Anywheel did not engage and instead reported both approaches to the regulator. CCS said no commercially sensitive information was shared and no actual price talks occurred, so the conduct did not breach Section 34 of the Competition Act. Still, the agency said it did not condone the outreach because HelloRide and Anywheel are the only two licensed shared bicycle operators in Singapore.