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.
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From Groupon clone to China’s largest lifestyle services provider
Meituan forays into ride-hailing and bike-rental services have been expensive gambits that haven’t yet paid off, but it has seen success in other efforts.
Posted inHeavy Hitters
Meituan in focus | Meituan’s turnaround year
In May, Meituan Dianping unseated search engine Baidu as China’s third-largest listed internet company by market cap, behind only Alibaba and Tencent.