Didi To Expand Services In China

Ride-hailing company Didi Global plans to expand services and offer more subsidies to passengers and drivers, it said on Thursday, looking to shore up its business in the mainland.

The firm will work with partners in the industry to offer more services and cover more cities, it said in an online statement posted on Thursday that cited a speech at an event in the coastal city of Fuzhou.

"Currently, travelling and consumption are quickly recovering across China. The number of orders for online ride-hailing is constantly increasing," the statement said.

In January, Didi said in a statement it had been given the green light from domestic regulators to resume new user registrations for its core ride-hailing app.

Policymakers are seeking to restore private-sector confidence and tap the technology sector to help spur an economy hobbled by Covid-19. (Reuters)