Didi to start bicycle rental services soon

Didi Chuxing, China's largest ride-sharing company, said on Tuesday that it will soon unveil its own-brand bike-sharing service, as part of its broad efforts to build a comprehensive platform within its app, which will integrate Ofo Inc, Bluegogo, and other potential bike-sharing partners.

The move came as Didi reached a cooperation agreement with Bluegogo, once a popular Chinese bike-sharing service provider that is currently facing rough weather.

Under the deal, users will be able to use Bluegogo bikes on Didi's app with no deposit required. They will also have the option of converting Bluegogo deposits, privileges and app top-up values into Didi bike and car ride coupons of an equivalent value. Users may also choose to communicate with Bluegogo for other alternatives.