Mobike was added to WeChat Pay’s interface as a third-party service.
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
Rising costs for Meituan’s core food delivery business drove fourth quarter losses.
Company’s best short-term strategy is to direct users to its profitable services such as travel.
The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.
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.
Hello Transtech, an Alibaba-backed mobility unicorn, is streets ahead of the bikesharing firms that have come before it.
The partnerships help the company offer an expanded range of ride services to choose from for users in Beijing and Shanghai.
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
GGV Managing Partner Jixun Foo discusses the return to a more rational investment approach in China.