Tag: mobility sector


  • Car-sharing in Singapore: Shariot and peers face S$180m debt—what’s next

    Car-sharing in Singapore: Shariot and peers face S$180m debt—what’s next

    Overview: A spotlight on Singapore’s car-sharing sector Singapore’s burgeoning car-sharing scene, led by Shariot and related firms such as Autobahn Rent A Car, is facing a substantial financial hurdle. Reports indicate a group of nine related companies is exploring restructuring options as the consolidated debt lands near S$180 million. The development underscores the pressures facing…