The Land Transport Authority (LTA) has granted in-principle approval to Moov Technology Pte Ltd to graduate to a full licence and operate a fleet of up to 10,000 bicycles.  

2          Since the introduction of the QR code parking system and user ban, the number of trips ending in indiscriminate bicycle parking has fallen significantly from 44% to 13%. LTA regularly reviews the fleet sizes of shared bicycles to ensure that their numbers are able to meet user demand without causing public disamenities.