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Economy

Didi Chuxing announced launch of online car rental

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2016-08-23 09:18Global Times Editor: Li Yan

Chinese online car-hailing services provider Didi Chuxing announced on -Monday the launch of its own online car rental business in response to the boom in the country's short-term and tourist vehicle rental markets.

The company will work with rental and leasing companies instead of owning cars in its new business, Didi Chuxing noted in an e-mail sent to the Global Times on Monday.

By providing rider-vehicle matching data, it believes that the new business model will help its partners to improve their -operational efficiency, according to the e-mail.

  

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