The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
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.
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.
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
In the second part of a two-part series, we look at Hello TransTech’s role in Alibaba’s all-in-one lifestyle ambitions.
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.
As the bike rental cools down, industry insiders start to ask how well the bike ban fits current circumstances.
While Ofo’s legal troubles pile up, millions of users are reportedly still waiting for their deposits.
A moral in Ofo’s rise and fall: ‘It is dangerous to violate common sense.’