Tagsharing economy

On October 20, Dida, a carpooling and shared travel company, announced it expanded the business scope and officially launched the taxi services. In addition to existing carpooling service, users can hail taxis in the latest version of the Dida App. In addition, the Dida is also engaged in the business contact with Mobike.

Cheng Wei, the founder, chairman and CEO of Didi, was invited to speak at Tsinghua University yesterday evening. When sharing his experience of starting up business with college students born in 1990s and 2000s, Cheng Wei said, we possibly were at the best time now since the millennium. With technology explosion and industrial revolution, young…

Didi Chuxing is the largest unicorn company in China valued at 50 billion USD. Over the past three years, not only did the company’s valuation grow in double digits, its investors also witnessed the highest rate of return ever of over ten thousand folds. However, despite the rapid expansion growth Didi is experiencing, the company…

The reporter learns from Shenzhen Road Management Center that Shenzhen plans pilot smart dock lock of shared bikes. When residents return bikes in demonstration region, lock pile could read label and automatically lock bikes. The demonstration site, located in Yuehai Sub-district, Nanshan District in Shenzhen, will set up 30 parking areas, 2000 lock piles and…

On September 25th, the Shenzhen City Procuratorate arrested two suspects—Yang and Wu—on the suspicion of using third-party software to modify personal accounts on shared bicycles and over 20,000 RMB (around $3000)  from 34 different users. It is noticed that shared bicycle companies always launched a variety of promotions and gave out red pockets to users.…

Shared phone chargers have attracted attention from the market, especially after Leo Chen, CEO of Jvyoumei(聚美优品), invested 300 million yuan into AnkerBox (Anker街电), an enterprise that produces shared phone chargers. Also, “National Husband”—billionaire investor Wang Sicong’s bold statement that he would eat shit if shared phone chargers can succeed made this industry known to more…