China’s Didi, Ant Financial weigh joint $2 bln Ofo buyout: source

August 3, 2018 admin Business News Comments Off on China’s Didi, Ant Financial weigh joint $2 bln Ofo buyout: source

Chinese ride-hailing giant Didi Chuxing and Alibaba’s Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, according to a source with direct knowledge of the discussions.

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Source:: Reuters – Business News