Didi deepens partnership with Renrenche for expansion in auto trading business

Ride-hailing giant Didi Chuxing has inked a strategic partnership with Chinese online used-car trading marketplace Renrenche to offer comprehensive solutions for vehicle supply and maintenance services.

The move comes five months after the on-demand car company invested a hefty $200 million in Renrenche, a classified site that allows car owners to sell directly to other consumers. The four-year-old company covers over 100 Chinese cities.

In addition to used-car trading, the partnership will also bring the duo to new car trading and after-sales business. This year, Didi’s after-sales unit plans to set up car maintenance stores across the country where Renrenche users will be supported as well.

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