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New players driving into China’s ride-hailing market

New players driving into China’s ride-hailing market
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Ctrip Inc said it has regulatory approval to operate own-brand car-hailing service as China’s biggest online tourism firm expands into the fiercely-competitive market. Other firms like Meituan Dianping, Yidao and AutoNavi have made huge investment and introduced new business models into the car-hailing services market as they prepare to do battle against each other and challenge the dominant market leader Didi Chuxing.

Read the full story at https://www.shine.cn/biz/tech/1804032654/

SOURCE: SHINE

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