The logo of Chinese ride-hailing service Didi Chuxing. The company is seeking a bite of the lucrative Chinese market for second-hand cars with an investment in used-car platform Renrenche. Photo: AP

China ride-hailing firm Didi Chuxing seeks bite of booming used-car business with Renrenche investment

The deal will also help Renrenche expand by allowing it to sell through Didi’s app, potentially reaching some 17 million drivers

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The logo of Chinese ride-hailing service Didi Chuxing. The company is seeking a bite of the lucrative Chinese market for second-hand cars with an investment in used-car platform Renrenche. Photo: AP
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