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Ride-hailing rules fair?

本文作者: 21ST
期号:1176
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Two months after the mega merger of ride-hailing startups Didi Chuxing and Uber China, this ambitious “super-unicorn” company, with a *staggering valuation of $35 billion (236 billion yuan) has suffered a severe *setback. The cities of Beijing, Shanghai, Guangzhou and Shenzhen have just published their own draft regulations on ride-hailing firms like Didi, which contain some highly restrictive terms. In particular, Beijing and Shanghai both require drivers for these companies to have local hukou – residential registration – and their cars to be locally registered. The cities have also *decreed that private car owners providing ride-hailing services via these platforms must use high-end, even luxury vehicles.


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