Sunday, March 13, 2016

China minister says ride-hailing subsidies competitively unfair

BEIJING (Reuters) - The subsidizing of fares and the supplementing of driver wages by ride-hailing companies such as Didi Kuaidi and U.S. firm Uber Technologies Inc [UBER.UL] are competitively unfair and could not be sustained long-term, China's transport minister said.


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