Alibaba-backed Hellobike aims to take on Didi Chuxing in China’s ride-hailing market


HONG KONG, Oct 31 (SCMP): Hellobike, one of China’s biggest bike-sharing platforms, is entering the country’s ride-hailing market aiming to take on Didi Chuxing.

“Since Hellobike has already cemented its dominance in the two-wheel travel field, our new ride-hailing business will help us stage a new ‘comeback’ story in the four-wheel travel field,” the Shanghai-based company said in a press release on Thursday titled “Hellobike low key tests the waters for ride-hailing, benchmarking against Didi Chuxing in the four-wheel industry”.

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SCMP , ALi Baba , Ride Service

   

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