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Didi, China's leading car hailing platform, announced on Nov. 15 that it has reached a strategic cooperation agreement with the American vehicle rental company Avis Budget Group. The two companies will provide car rental service for Didi Chuxing’s registered users in nearly 175 countries and regions.
The service is expected to launch online this year. Chinese tourists and business travelers will have access to both Avis and Budget car rental vehicles when traveling overseas, all through the Didi Chuxing app. According to the cooperation agreement, Didi and Avis will coordinate on products, technology and local marketing resources, allowing users to book through Avis and Budget at airports and other rental outlets.
Car rental is a new business for Didi Chuxing, and the company will gradually expand its car rental service to more cities next year. Statistics show that China’s overseas online car rental industry reached 13.13 billion RMB in 2015, and outbound car travel has become a new trend.
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