China’s Didi Chuxing, Alibaba’s Ant Financial weigh joint $2 billion Ofo buyout, say sources

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.

from The Financial ExpressThe Financial Express https://ift.tt/2Km02gY
via IFTTT