China’s Didi, Ant Financial weigh joint US$2 billion Ofo buyout: source

Chinese ride-hailing giant Didi Chuxing and Alibaba’s Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to US$2 billion, according to a source with direct knowledge of the discussions. FILE PHOTO: Bicycles of bike-sharing company Ofo are seen on a vacant lot in Zhengzhou, Henan province, China May 20, 2018.

Read the full Zhengzhou news here

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.