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China's Didi Chuxing to launch bike-sharing platform and brand

Reuters  |  SHANGHAI 

SHANGHAI (Reuters) - Chinese ride-hailing application Didi Chuxing plans to launch a bike-sharing platform within its app that will host partner firms such as Ofo as well as its own bike-sharing brand, the company said on Tuesday. Didi Chuxing, China's biggest ride-hailing firm which counts SoftBank as an investor, said in a press release that it had also reached a cooperation agreement with Chinese bike-sharing firm Bluegogo, which will be hosted on the platform. The company will also introduce deposit-free arrangements, it added. China has been caught up in a bike-sharing craze over the ...

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First Published: Tue, January 09 2018. 10:30 IST