Didi challengers rush to get ahead in ride-hailing market as industry leader remains snarled in regulatory traffic

//Didi challengers rush to get ahead in ride-hailing market as industry leader remains snarled in regulatory traffic

Didi challengers rush to get ahead in ride-hailing market as industry leader remains snarled in regulatory traffic

A number of ride-hailing challengers are redoubling their efforts to grab market share from Didi Chuxing, the undisputed market leader currently under a Beijing-directed cybersecurity investigation, in a sign that Didi’s troubles may not end with the results of the regulatory review.While few players can mount a serious challenge to Didi, which controls about 90 per cent of the market in China, Beijing’s decision to punish Didi by kicking its app from app stores and banning it from accepting…

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By | 2021-09-08T13:30:18+00:00 September 8th, 2021|Technology|Comments Off on Didi challengers rush to get ahead in ride-hailing market as industry leader remains snarled in regulatory traffic