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China’s Didi launches credit, crowdfunding services in diversification push


  • Tech News
  • Wednesday, 2 Jan 2019

The products bring Didi into competition with investor Alibaba Group Holding Ltd and technology peer Tencent Holdings Ltd. — Reuters

The products bring Didi into competition with investor Alibaba Group Holding Ltd and technology peer Tencent Holdings Ltd. — Reuters

BEIJING: China's Didi Chuxing has launched a suite of financial products, including crowdfunding and lending, as it continues to diversify outside the ride-hailing business following a year of safety scandals.

The move comes on the heels of a company-wide reorganisation announced in December, which was aimed at improving safety on its platform as well as operating efficiency.

   

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