Chang Wei decisively backed down, proactively canceling the ride reward promotions.
Seeing this, Cheng Wei breathed a sigh of relief and quickly followed suit, ending the daily loss of nearly ten million yuan.
But to their surprise, Wang Zihao only lowered the amount of each reward, from an average of 2 yuan down to 0.5 yuan, and changed the guaranteed rewards to random draws.
Clearly, OFO had no intention of ending the subsidy war.
"You think you can start this whenever you want and end it whenever you want? It's not that simple."
Wang Zihao sneered.
He had come to North China to fight for market share, not to play house with Cheng Wei and Chang Wei.
His plan was crystal clear: drive DiDi Bike and Little Yellow Bike back north, then slowly chip away at the North China market.
Cheng Wei and Chang Wei, thinking Wang Zihao was still not satisfied, acted in perfect unison and reverted their subsidy promotions for new and existing customers back to the mid-April policies.
