Chinese ride-hailing company Didi Chuxing to launch bike-sharing brand

Sainul Abudheen K, writing for e27;

Didi Chuxing, one of the largest ride-sharing companies in the world, today said it will launch a bike-sharing brand.

The company has already launched a bike-sharing feature within its app, which hosts its partner brands such as Ofo.

Didi is an investor in Ofo, which recently raised US$700 million in Series E funding round led by Alibaba.

The ride-hailing giant has also signed a partnership to host Bluegogo, another bike-sharing platform. As per some reports, Didi is also an investor in Bluegogo.