China antitrust: Didi’s ride hailing dominance prompts scrutiny before it sets forth for its Uber-beating New York IPO

//China antitrust: Didi’s ride hailing dominance prompts scrutiny before it sets forth for its Uber-beating New York IPO

China antitrust: Didi’s ride hailing dominance prompts scrutiny before it sets forth for its Uber-beating New York IPO

In the third instalment of a four-part series on China’s antitrust crackdown on technology companies, Masha Borak looks at the ride-hailing industry and its dominant operator Didi-Chuxing. The first instalment on streaming music is here and the second instalment on games is here. On April 30, the day before China was to begin a five-day stretch of public holidays to mark the annual Labour Day, 10 of the country’s largest technology companies were each slapped with a financial penalty by the…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2021-06-19T02:00:00+00:00 June 19th, 2021|Technology|Comments Off on China antitrust: Didi’s ride hailing dominance prompts scrutiny before it sets forth for its Uber-beating New York IPO