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November 23, 2018 10:12 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zTSDH03-4W8/
Meituan, Chinas everything app, walks away from bike sharing and ride hailing
A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said on its earnings call on Thursday. The eight-year-old firm is best known for competing with Alibaba-owned Ele.me in food deliveries […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zTSDH03-4W8/
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