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Thursday, April 25, 2024

China touts state-backed transport super-app

Ride-hailing, cargo trucking, railways, ferries and flights all in one place, according to state media

Didi Global, China’s most popular ride-hailing app, is among a number of big tech companies that have run afoul of increasingly assertive regulators. Now it may find itself competing with the government. (Photo: Bloomberg)

HONG KONG: China will soon launch a state-backed platform for transport that will include everything from ride-hailing to cargo trucking, road transport, railway, ferry and flight services, the state-run Beijing Daily reported on Wednesday.

The online platform, which has completed internal tests, is expected to integrate more than 90% of total capacity of the country’s…

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