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HomeBusinessChinese ride-hailing giant Didi plans expansion after Beijing's crackdown on the firm...

Balanced News: Chinese ride-hailing giant Didi plans expansion after Beijing’s crackdown on the firm ends

Our 'quick read' news summary

Didi, one of China’s biggest ride-hailing companies, is planning to expand this year, as the regulatory crackdown on the firm eases. The company said it plans to work with partners in 2023 to launch more diversified products and services. Didi also said it plans to cover more cities with its services. The company has seen a rapid recovery of travel and consumption across China in the past few months and is seeing an increase in ride-hailing orders.

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