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Didi does loans in China

The car e-hailing company goes fintech in China according to FT.

China's pre-eminent ride hailing app, Didi Chuxing, has veered into financial services, setting a collision course with tech giants Alibaba and Tencent. Didi trialed financial services at a regional level last year and brought them nationwide Wednesday, offering car insurance, medical insurance and personal loans through its app. (Fortune)