Bicycle-sharing firm Anywheel has received approval from the LTA to expand its bicycle fleet from 10,000 to 15,000 from July onwards.
The number of trips ending in indiscriminate bicycle parking has fallen significantly from 44% to 13% since the introduction of the QR code parking system.
The majority of the bikes belonged to ofo, whose licence was cancelled in April 2019 after it missed deadlines to comply with regulations.
Commuters will be able to continue using bicycles from bike-sharing firm Mobike, even as the Chinese firm leaves the Singapore market.
10,000 bicycles from failed bike-sharing companies ofo and oBike will get a new lease of life for students in Myanmar.
From 14 January, people who park shared bicycles outside of designated parking areas will be charged $5 on top of the rental amount.
The Land Transport Authority will proceed to take action against bicycle sharing operator Ofo, which still has a fleet size significantly above 25,000.
The Land Transport Authority said it received licensing fees from six firms which will together operate 40,500 shared bikes.
An islandwide QR code parking system will be implemented in January that will ensure users park shared bicycles within proper parking spaces.
Mobike, ofo, SG Bike and GBikes have submitted their applications to the Land Transport Authority for a full licence to operate dockless bicycle services.
The end of the road has come for a third shared-bike operator, a homegrown outfit that had entered the market just six months ago.
The Government has issued new guidelines that require all new private developments to provide bicycle parking spaces.
Bike-sharing users who park indiscriminately more than three times will be temporarily banned from renting from all operators for a full year.
The Singapore-MIT Alliance for Research and Technology has found that dockless shared bicycles are only used for half an hour a day on average.
Bike-sharing firms in Singapore will soon come under a licensing regime as part of the Land Transport Authority's plan to curb indiscriminate parking.
Bike-sharing company oBike is reviewing the security of its app following a leak that made unencrypted user data available online.
20 bicycles from three bike-sharing companies - oBike, ofo and Mobike - were found to be parked indiscriminately along Adam Road, near the PIE.
Bike-sharing firms will have to ensure that their bicycles are parked within designated zones by the end of the year.
Bicycle-sharing firm GBikes joins oBike, Mobike, ofo and SG Bike after quietly rolling out its bicycles for almost five months.
70 shared bicycles were impounded by the Land Transport Authority (LTA) last month, bringing the total number this year to 278.