SHANGHAI: US firm Uber Technologies Inc and Chinese rival Didi Kuaidi are taking steps to operate legally in China, a key market for both firms but where their car hailing services currently operate in a regulatory grey zone.
Uber China said in a statement on Oct 8 it was "actively preparing" documents to apply for a license to operate an online car-hailing platform to meet new regulations governing the sector that are expected to be announced soon.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!