Goldbell Group to acquire BlueSG for $52m.

Goldbell Group, a provider of electric vehicle sharing services, agreed to acquire BlueSG, a provider of electric vehicle sharing, for $52m. “Our investment in BlueSG is a result of a long-term focus on the future mobility space and reflects the Goldbell approach to insight-driven investing. The combination of BlueSG’s strong brand and engaged customer base, with Goldbell’s deep industry intelligence and network, vehicle support capabilities and fleet efficiency protocols bring powerful synergies to the current and future customers of BlueSG. We are committed to working closely together as a team to develop innovative technology solutions that will support Singapore’s car-lite and energy-powered mobility vision,” Arthur Chua, Goldbell Group CEO.