China Digest: Ofo turns to e-commerce; NetEase lays off staff

China Digest: Ofo turns to e-commerce; NetEase lays off staff

Ofo bike-sharing bicycles are pictured in Singapore, August 29, 2017. REUTERS/Edgar Su

Struggling Chinese bike-sharing startup Ofo is offering discounts to users in lieu of deposit refunds while NetEase is said to have laid off a significant number of its employees.

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