Chinese online car-hailing services provider Didi Chuxing announced on -Monday the launch of its own online car rental business in response to the boom in the country's short-term and tourist vehicle rental markets.
The company will work with rental and leasing companies instead of owning cars in its new business, Didi Chuxing noted in an e-mail sent to the Global Times on Monday.
By providing rider-vehicle matching data, it believes that the new business model will help its partners to improve their -operational efficiency, according to the e-mail.