Didi will weather current storm but clouds remain as Beijing works to cap platform’s share of taxi fares

//Didi will weather current storm but clouds remain as Beijing works to cap platform’s share of taxi fares

Didi will weather current storm but clouds remain as Beijing works to cap platform’s share of taxi fares

The sky will be limited for Didi Chuxing even if the ride-hailing giant can survive the current cybersecurity investigation, as Beijing is now working to cap how much the platform will be able to take from each ride, according to analysts and state media reports.According to a commentary published by the Securities Times, which is run by the Chinese Communist Party’s mouthpiece the People’s Daily, “it’s time for ride-hailing platforms to give up the fantasy of making high profits” and that…

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By | 2021-08-20T13:00:26+00:00 August 20th, 2021|Technology|Comments Off on Didi will weather current storm but clouds remain as Beijing works to cap platform’s share of taxi fares