On-demand apps branch out into lending and health insurance

Chinese ride-hailing giant Didi Chuxing has rolled out a suite of financial and insurance services in its mobile app, as its tries to diversify its offerings and generate new streams of revenue.

The move came after a company-wide reorganization in December, which aims to improve safety and efficiency, as its core business is under increasing scrutiny from authorities.

New products include health insurance, credit and lending, wealth management and auto-financing services.