By FDI Creative Services on 04/04/2018
Category: Security News

China's Meituan Dianping acquires bike-sharing firm Mobike

BEIJING (Reuters) - Meituan Dianping, China's largest provider of on-demand online services, is buying bike-sharing firm Mobike for $2.7 billion excluding debt, in a deal that will intensify the rivalry of their common backer Tencent Holdings with Alibaba Group.

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