Why Didi’s regulatory pain does not mean immediate gains for its smaller rivals in China’s ride-hailing market

Source: Tech – South China Morning PostOne and a half months after Didi Chuxing was banned from taking on new customers by Beijing, there is little sign that its dominant position in China’s ride-hailing market is being undermined by rivals keen to take its crown, according to analysts and drivers.Tough regulations for the ride-hailing market, including correct licensing for vehicles and drivers as well as watertight protection of passenger data, also apply to Didi’s competitors such as Meituan and Autonavi, a service backed by…Read More

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