Caixin
Jan 26, 2018 06:19 AM
BUSINESS & TECH

Didi Speeds Into Bike-Sharing Race

Didi is adding its own turquoise-colored bikes to the bike-share war, which is dominated by Mobike and Ofo. Photo: Didi Chuxing
Didi is adding its own turquoise-colored bikes to the bike-share war, which is dominated by Mobike and Ofo. Photo: Didi Chuxing

Ride-hailing giant Didi Chuxing Technology Co. on Thursday debuted its own branded bike-sharing service in Chengdu, ratcheted up the battle to control one of China’s hottest shared-economy sectors.

Just last October, talks got underway over a possible merger between the leading players – Mobike and Ofo – in bike sharing, which quickly caught fire when it started about two years ago in China. But the talks spun apart.

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