Didi hopes new strategies will help it complete a U-turn that will get it out of the dead-end in which it finds itself.
Ride-hailing, bike rental, and food delivery services were all affected.
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
China’s massive O2O platform Meituan Dianping is a company that defies categorization. As the company’s founder and CEO Wang Xing once said, it’s hard for them to compare to any other company. Once known as the Chinese equivalents of Groupon and Yelp, Meituan and Dianping merged in 2015 to become a company that sells movie […]