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- The Beijing-based firm, which is on the verge of bankruptcy, will have to remove all its 25,000 yellow bicycles from the island nation before March 13
- Ofo’s woes are casting a shadow over the bike-sharing industry, which seemed a potentially lucrative idea when it first emerged
The Alibaba executive vice-chairman expects tax cuts for small businesses and individuals to help stimulate China’s economy
The Alibaba executive vice-chairman expects tax cuts for small businesses and individuals to help stimulate China’s economy
Following scandals, Didi has focused on safety overhauls, including in-trip audio recordings by passengers and drivers and in-car panic buttons.
Following scandals, Didi has focused on safety overhauls, including in-trip audio recordings by passengers and drivers and in-car panic buttons.
Self-made billionaire issues public letter denying any infighting, while company says she is leaving for personal reasons.
Self-made billionaire issues public letter denying any infighting, while company says she is leaving for personal reasons.
Losses for the on-demand services giant grew to 83.3 billion yuan (US$12 billion) for the third quarter, which ended in September.
Losses for the on-demand services giant grew to 83.3 billion yuan (US$12 billion) for the third quarter, which ended in September.