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Wednesday, September 1, 2021

Chinese regulators summon 11 ride-hailing firms, including Didi, over 'illegal behavior' - CNBC

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GUANGZHOU, China — Chinese regulators have summoned and interviewed 11 ride-hailing firms asking them to rectify non-compliant behavior.

The Ministry of Transport, along with a number of other regulators including the Cyberspace Administration of China and State Administration of Market Supervision, jointly interviewed the companies including Didi, T3 and Meituan.

Chinese regulators alleged that the services are recruiting unapproved drivers and vehicles.

"It's required that these platforms should check their own problems, rectify illegal behavior, safeguard market orders of fair competition, and create a sound environment for healthy development of the ride-hailing industry," the Ministry of Transport said.

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