Didi Chuxing to Launch Bike-Sharing Platform

Didi Chuxing to Launch Bike-Sharing Platform

Didi Chuxing to launch Bike Sharing platform

Chinese ride hailing company, Didi Chuxing, is planned to launch a bike-sharing platform in the very near future. This platform will be within the current app and will host partner companies such as Ofo, along with its own Didi Chuxing bike-sharing brand. In the press release, the company also declared that it will soon come with a deposit free arrangement.

The company is the largest ride-hailing company in China, backed by strong and solid investors such as SoftBank. In one of its recent press releases, the company announced that it had reached an agreement to collaborate with Chinese bike-sharing firm, Bluegogo, which will also be hosted on the platform.

Even though the country of China has shown some signs of a growing environment for the biking-sharing industry, business has been a stressful journey, with many companies who ventured in this area are closing down.

Startup companies such as Ofo and Mobike, who are currently two of the top market leaders, have raised a considerable amount of funding from tech giants such as Alibaba and Tencent, while Didi Chuxing has also made an investment in Ofo.

Some sources have indicated that several bicycle companies will also soon declare their plans to enter the Chinese ride-hailing industry. A company named FAW Car Co Ltd, stated that it will consider purchasing a 10 percent stake in Mobike’s recently launched car-sharing division.

Anirudh Menon
Anirudh Menon
I have adorned multiple hats during my professional journey. My experience of 14 years comes in areas like Sales, Customer Service and Marketing. My journey as a professional writer started 5 years back, when I started writing for an in-house magazine for my employer. Having successfully delivered many in-house projects, it encouraged me to take my skill to the world. As on day, I have written articles, blogs website content for various industries like Information Technology, Start-up, Retail and Government. The subjects that I have covered range from Digital Marketing, SAP Cloud Platform, Cloud Computing, Content Marketing , Politics. Enhancement is a process and I constantly thrive to add more subjects in my portfolio. Over and above content writing, I also train language and communication to students who want to brush up their speaking skills. I am a part time trainer for IELTS coaching and also work as a budding voice over artist.

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