Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Geely-Backed Meizu Stops New Phone Development, Turns to AI and Auto Tech
Fatal Xiaomi EV Crash Raises Questions Over Door-Handle Safety
In Profile: How Morris Chang Built TSMC Into a Chipmaking Colossus
LATEST
Geely-Backed Meizu Stops New Phone Development, Turns to AI and Auto Tech
In Profile: How Morris Chang Built TSMC Into a Chipmaking Colossus
Baidu Profit Plunges 42% as AI Push Erodes Core Ad Business
Robotics Startup X Square Secures Fresh Funding Amid Valuation Surge
Fatal Xiaomi EV Crash Raises Questions Over Door-Handle Safety
DJI Challenges U.S. Drone Ban in Federal Appeals Court
China’s AI² Robotics Raises Fresh Funds at Over 10 Billion Yuan Valuation
China’s Tech Giants Wage Lunar New Year Subsidy War to Win AI Users
ByteDance’s Doubao Dominates Spring Festival Gala With 1.9 Billion AI Interactions
At China’s Spring Festival Gala, Robotics Becomes Big Business
Pentagon Retracts Chinese Military Companies List Twice in Two Days
Alibaba Unveils Qwen3.5-Plus, Undercutting Gemini 3 Pro on Cost
Pentagon Blacklists Alibaba, Baidu and BYD Over Alleged Military Ties
ByteDance Unveils Doubao 2.0 AI Model to Tackle Complex Tasks
Hollywood Isn’t a Fan of ByteDance’s New AI Video Tool
China Plans to Make Liability Insurance Mandatory for Drones by 2027
Dutch Court Orders Probe Into Nexperia, Keeps Wingtech Frozen Out
SMIC Revenue Rises as Profit Slips on Expansion Costs
Galaxea AI Raises $144 Million as China’s Robot Investment Frenzy Mounts
Beijing Orders Telecom Overhaul to Track Drones in Lower Skies

By Mo Yelin / Dec 21, 2018 07:30 PM / Business & Tech

Photo: VCG

Photo: VCG

China’s on-demand service giant Meituan Dianping has received a permit to operate ride-hailing services in Beijing, the city’s transportation bureau said Thursday.

Meituan tried to roll out a ride-hailing service in the capital city last year, but that effort failed as the company did not have a government license. Meituan first formally entered the ride-hailing business in March, with a fleet of cars in Shanghai. It faced significant resistance from regulators earlier this year over concerns that its entry could force incumbent industry leader Didi into a new subsidy war.

But two high-profile killings of Didi passengers in recent months have turned regulators against the company, which merged with global giant Uber’s China business in 2016.

Beijing’s decision comes after Meituan said in September that it would scale back the expansion of its ride-hailing business.

Share this article
Open WeChat and scan the QR code