Source: Tech – South China Morning PostChinese authorities summoned 11 ride-hailing companies, including T3 Chuxing, Meituan Dache, Caocao Chuxing and Didi Chuxing, to order them to stop their “vicious competition” amid an ongoing cybersecurity investigation into industry leader Didi that has created new opportunities for rivals.Regulators said that ride-hailing firms must not “use capital to engage in vicious competition and disorderly expansion”, and they especially cannot “induce” drivers to join their platforms through “false…Read More