Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Alibaba Amap's Ride-Hailing Platform Summoned by CN MOT on Issues like Price Suppression
Recommend 19 Positive 24 Negative 12 |
||||
|
||||
|
China's Ministry of Transport (MOT) stated that the inter-ministerial collaborative regulatory unit it leads recently arranged admonition talks with the Amap's ride-hailing platform under BABA-W (09988.HK) in light of significant issues such as inadequate management of partner ride-hailing platforms, price suppression, and improper emergency handling. The Office of the Inter-Ministerial Joint Conference on Collaborative Regulation of New Transport Business Models required Amap's ride-hailing services to strengthen the management of aggregation services, urge partner platform companies to maintain relatively stable business strategies, and enhance monitoring and early warning of abnormal price and income fluctuations. It also emphasized the need to earnestly fulfill the public commitment to reduce commission fees to ensure reasonable driver income. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
