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Didi Bike operation was suspended for one day in Shenzhen

Chinese taxi hailing company Didi’s bike rental service, Didi Bike (青桔单车, meaning green tangerine bike in Chinese), was suspended for one day for not obeying the local law, Chinese media Shenzhen News is reporting.  Bike rental companies hugely spread out last year, filling the Chinese streets with rental bikes. In order to manage rental bicycles, […]

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Ofo founder confirms bike-rental functions will come to Didi app

Editor’s note: A version of this post first appeared on Yicai Global, the English-language financial news service of Shanghai Media Group. Yicai Global is one of just two dedicated Chinese news feeds connected to the Bloomberg terminal. Ofo, one of China’s many bike-rental brands, will be incorporated into Didi Chuxing, the world’s largest ride-hailing platform, according […]