BEIJING: China has given the green light to online ride-hailing services, issuing guidelines that establish a long-awaited framework for the booming industry and remove uncertainty for firms such as Didi Chuxing and US rival Uber Technologies Inc.
The rules outlined on July 28 take effect on Nov 1. They were immediately welcomed by Uber and Didi, which have invested billions of dollars to attract riders with discounts while operating in a legal grey area in most of China.
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