The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.
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Posted inHeavy Hitters
Briefing: Tencent bets on AI assistant to boost WeChat growth
The company has been casting its eye to enterprise and emerging smart connected devices.
Posted inHeavy Hitters
Despite cash troubles, ofo denies renewed rumors of Didi acquisition
Minority shareholders have reportedly begun receiving documents about the deal.
Posted inHeavy Hitters
Ofo said to complete a new round of financing led by Didi and Ant Financial
The news of ofo’s E2-2 round comes amid rumors of acquisition by Didi Chuxing.
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Ofo considering restructuring operations in Spain as well as around the globe
Chinese bike sharing company ofo has hit another speed bump in its international markets. According to media reports, Ofo is pulling operations out in cities in Spain, including Madrid, Granada, Valencia, and Marbella, after entering the country less than a year ago. The company told TechNode that ofo is still operating in Spain, but admitted […]
Posted inHeavy Hitters
Alibaba merges its two food delivery platforms Ele.me and Koubei
Alibaba Local Services Company is embracing “new retail” to fend off competitors such as Tencent-backed Meituan.
Posted inHeavy Hitters
ofo’s US fire sale is another spoke in China’s rental-bike wheel
Cash-strapped Ofo could try wheeling its business down another path.
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Ctrip, Hellobike, and Singulato: Pioneers in smart transportation at TechCrunch Hanghou
In recent years, the internet has become more and more integrated into finding transportation, leading to revolutionary new industries like online taxi-hailing, bike and car rental, and e-buses. At the same time, AI technology like smart traffic lights and autonomous vehicles continues to develop and reshape the transportation industry. At the upcoming TechCrunch International Innovation […]
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Meituan Dianping stock price surges 5.7% after IPO
Meituan has brought optimism among investors after disappointing performances of other Chinese tech stocks.
Posted inHeavy Hitters, With Chinese Characteristics
How Meituan Dianping became China’s super-platform for services
China’s massive O2O platform Meituan Dianping is a company that defies categorization. As the company’s founder and CEO Wang Xing once said, it’s hard for them to compare to any other company. Once known as the Chinese equivalents of Groupon and Yelp, Meituan and Dianping merged in 2015 to become a company that sells movie […]
