Chinese ride hailing giant DiDi said it will suspend its hitch service nationwide for a week for rectification, following a murder case earlier this week. The case comes at a time when Didi is reportedly planning an initial public offering this year or next, and is facing increasing competition from strong new players in China’s ride hailing market including Meituan Dianping and Ctrip. A 21-year-old stewardess was murdered during a ride in Zhengzhou city in central China on May 6. …

Didi Suspends Hitch Service For A Week Following Murder Case appeared first on China Money Network.