Logo 02 Sep 2021

Regulators x-nay cutthroat competition

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Ooooh, someone’s in troooubblllee. 
Today, a veritable phalanx of regulators – including the Ministry of Transport, the police, SAMR, MIIT, and the CAC – called 11 ride-hailing companies in for a stern talk.
Recap: Since Didi was ordered to stop registering new users pending the results of the cyber...