Chinese ride sharing giant Didi Chuxing is rumored to be acquiring bike sharing firm Ofo for around US$2 billion, said a Chinese media report citing a leaked document. Embattled Ofo has been reportedly in deal talks with different parties for the past many months. Speculation of Ofo’s sale to a bigger company intensified after Meituan […]

Didi Rumored To Acquire Bike Sharing Firm Ofo For $2 Billion appeared first on China Money Network.

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