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Didi Chuxing Invests 'tens Of Millions' In Chinese Bike-Sharing Platform

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Students pose for pictures as they use OFO sharing bicycles at campus in ZhengzhouChinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the country's largest bicycle-sharing platform ofo, as it looks to provide its users with more transportation options. Didi, which bought the Chinese unit of rival Uber Technologies Inc's [uBER.UL] last month, said it would look to include bicycles as an option on its app as part of plans to develop a transport ecosystem. "If it's only two or three miles away, or the traffic is crowded, I can just ride a bike and go," Didi spokesperson Liang Sun said.




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