Thursday, August 11, 2016

Subsidies to ride-hailing business will not stop, Didi says

There are four factors that determine how long the subsidy will be given Three days after China legalised ride-hailing services, Didi Chuxing announced its acquisition of Uber China, thereby building its market share to 93.1 per cent. With the marriage of the two biggest ride-hailing platforms in China, it seems inevitable that prices for users...
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