Say goodbye to Facebook, Twitter, and Instagram and welcome your new favorite apps. Here is everything you will need to navigate your China life. 1. Communication: WeChat (微信) The app to rule them all, WeChat is the very definition of indispensable in China. This is where you will connect with your friends, communicate with your […]
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Didi app embeds ofo to provide flexible solution for short trips
After weeks of rumors, Chinese ride-hailing giant Didi Chuxing announced today it has added bike-sharing service from ofo to its app. DiDi users will have direct access to ofo’s bright yellow bikes in the app. As a major investor of ofo, DiDi has poured a combined hundreds of million USD in three financing round of the […]
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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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Updated: Cracks appear in DiDi and ofo partnership sparking doubts over ofo’s $700 million funding round
Insiders from ofo have confirmed to local media that ofo’s executive chairman, Chief Financial Officer, and other senior executives went on a “vacation” in July this year. A rift between ride-hailing giant DiDi and bike rental mammoth ofo might be the reason behind the event, Bianews has reported. ofo has since published a statement denying […]
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Updated: DiDi will have their own bike rental unit after Bluegogo tie-up
Updated January 9, 2018: This article was updated to include a statement from Didi. Details have been released on the Didi Chuxing and Bluegogo tie-up. According to sources quoted by Pingwest (in Chinese), negotiations between the two mobility firms have been completed but Didi will only take over a part of Bluegogo’s business. Didi plans […]
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Are China’s bike-sharing platforms really part of the sharing economy?
China’s O2O market has seen quite a few companies doing interesting things, some succeeding, some failing. The latest hot vertical is bike-sharing. According to the China’s bike sharing industry mini-report by China Channel, Mobike (backed by Tencent and Foxconn) and Ofo (backed by Didi and Xiaomi) are clear market leaders amongst growing competitors. Founded in January 2015, the […]
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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 […]
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Ofo bike-rental feature rumored to be added to Didi app in April
Ofo’s bicycle-rental feature is expected to be accessible to users within ride-hailing giant Didi Chuxing’s app in April, signaling the bike-rental startup’s another step in an escalating race with competitors for market supremacy, our sister site TechNode Chinese is reporting (in Chinese). Didi Chuxing declined to comment when contacted by TechNode. Ofo has not responded […]
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8 questions about Chinese tech we will see answered in 2017
In the tech industry, new innovations are constantly supplanting old ideas and seemingly stable companies can find themselves facing unexpected challenges. However, the trends we saw started in 2016 posed questions that have yet to be answered. Here are eight of them we think will be answered in 2017. 1. Can Alipay effectively deter the aggressive rise […]
