Grab is adding bike-sharing to its ride-hailing service in Southeast Asia

Grab, Uber’s chief rival across Southeast Asia, is getting into bike-sharing after it announced plans to integrate oBike’s service into its core ride-hailing app.

The news isn’t a huge surprise since Grab is an investor in oBike, as we reported back last year, so you’d expect there to be a strategic element to that relationship.This morning’s announcement came as we were verifying a tip-off of the upcoming launch of ‘Grab Cycle’ in Singapore. Last week, n eagle-eyed resident shared photos of Grab Cycle bikes — which show an oBike logo, too — being loaded into a van. Grab declined to comment on Friday when we asked, but now both sides have confirmed the...