Uber, Didi Get Green Light to Rev Up Car-Sharing Wars in China
- Long-awaited regulations to take effect from November
- Conditions less onerous on ride services than feared
Can Uber Overcome the Odds in China?
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After pouring billions into the battle for ride-hailing supremacy in China, Uber Technologies Inc. and Didi Chuxing finally have a legal green-light in the world’s biggest market.
China plans to formally allow the services from November -- even though both companies have operated in the country for years. The decision brings clarity to an industry locked in disputes with regulators and in courts across the globe.