homemarket NewsChinese regulators raise concerns with ride hailing firms

Chinese regulators raise concerns with ride-hailing firms

At the meeting held on Wednesday, authorities highlighted the hiring of unqualified drivers and the use of promotions that disrupt fair market order, the ministry said in a statement.

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By Reuters Sept 2, 2021 12:40:57 PM IST (Published)

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Chinese regulators raise concerns with ride-hailing firms
Chinese regulators summoned 11 ride-hailing firms including Didi Global Inc, Geely's CaoCao and Meituan's ride-hailing unit to a meeting, the transport ministry said on Thursday, to discuss points of concern in the sector.

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At the meeting held on Wednesday, authorities highlighted the hiring of unqualified drivers and the use of promotions that disrupt fair market order, the ministry said in a statement.
Regulators urged ride-hailing companies to comply with relevant rules and protect data security, the ministry said.
Regulators have frequently held talks with the ride-hailing industry, which offers tens of millions of rides a day in China, on topics of driver salaries, safety and other issues.
Regulators launched a cybersecurity probe into Didi, China's top ride-hailing company, after its New York initial public offering in June. Since then other companies have jostled to attract new customers.

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