Bike-sharing is back in Singapore — but this time, it’s smaller, more regulated, and far more operationally demanding. After a chaotic boom-and-bust cycle that saw bikes clutter pavements and operators disappear almost overnight, only a handful of players remain. One of them is Anywheel, now operating around 35,000 bikes across the island.

On this episode of Mind Your Business, the Breakfast Show speaks with Htay Aung, Founder and CEO of Anywheel, about how the company survived while rivals folded, what changed to make bike-sharing viable again, and the hard operational realities behind running a hardware-heavy, regulated business.