A resident scans a code on a bike of Mobike in Guangzhou in this file photo. China’s largest provider of on-demand online services, Meituan-Dianping, is buying a large stake in bike-sharing firm Mobike, business magazine Caixin reported yesterday citing unnamed sources. Caixin said the deal was brokered by Pony Ma, chief executive of Tencent Holdings, which is a backer of both companies.SD-Agencies |