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.
Youon is one of the few Chinese bike rental companies still expanding overseas.
Hellobike’s new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.
China’s rates of iteration are driving the development of AI but venture capital firms are also struggling to keep up.
Troubles for apartment rental platform Qingke highlight the risks in the industry, where highly leveraged financing is used to achieve scale very quickly.
The company started registering a series of trademarks back in April.
Didi and Hellobike are now the biggest players in their respective markets and are moving onto each other’s turf.