BEIJING (Bloomberg): China will step up oversight of its ride-hailing and on-demand trucking companies from Didi Global Inc to Full Truck Alliance Co, adding to a widening campaign by Beijing to rein in its internet sector.
Some firms in the industry are currently operating irregularly and disrupting fair competition, the transport ministry said in a statement Friday (July 30) that didn’t identify any specific firms. Companies must protect the rights of drivers, root out illegal cars and drivers and also strengthen data security management.
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