HONG KONG -- Chinese ride hailing giant Didi Chuxing will relaunch its Hitch carpooling service later this month after serving a one-year suspension following the murders of two passengers by their drivers last year.
Startups
China's Didi revives Hitch after serving 15 month suspension
Analysts expect relaunch to boost investor confidence ahead of IPO
Didi's re-entry to the carpooling sector will likely intensify competition among China's ride-hailing companies, but analysts believe it may take customers longer to overcome fears over safety. (Photo courtesy of Didi)
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