China’s car-hailing apps receive official recognition

Global Business

China's car-hailing apps receives official recognition2

The fight for market share between China’s car-hailing apps is a fierce one. By far the biggest player, Didi Kuaidi has obtained the country’s first license to provide such services, giving it yet another advantage over all its competitors.

The service, also called Zhuanche in Chinese, is a location-based car-for-hire service run on mobile applications. In the past, many viewed the Zhuanche service part of the unregulated grey market, because many drivers use their own private cars, which by law are forbidden to carry passengers for profit.

ICS’s Mi Jiayi reports from Shanghai for CCTV America.

China's car-hailing apps receives official recognition

China's car-hailing apps receives official recognition

The fight for market share between China's car-hailing apps is a fierce one. By far the biggest player, Didi Kuaidi has obtained the country's first license to provide such services, giving it yet another advantage over all its competitors.The service, also called Zhuanche in Chinese, is a location-based car-for-hire service run on mobile applications. In the past, many viewed the Zhuanche service part of the unregulated grey market, because many drivers use their own private cars, which by law are forbidden to carry passengers for profit.CCTV's Mi Jiayi reports from Shanghai.


Peter Pronk on the first ride-hailing rules

The first rules governing ride-hailing services came out during the weekend. CCTV America’s Michelle Makori interviewed Peter Pronk to help us understand the rules. He is the CEO of 1421 Consulting Group.

Peter Pronk on the first ride-hailing rules

Peter Pronk on the first ride-hailing rules

The first rules governing ride-hailing services came out during the weekend. CCTV America's Michelle Makori interviewed Peter Pronk to help us understand the rules. He is the CEO of 1421 Consulting Group.