China’s Ministry of Transport on Tuesday released operation data for the domestic online ride-hailing industry in March. The state online ride-hailing supervision information exchange platform witnessed 539 million orders in March, down over 29% year-on-year and 2.2% quarter-on-quarter.
In March last year, the state supervision platform recorded 760 million orders. Affected by the persistent COVID-19 pandemic, online ride-hailing services in some locked-down areas of China have been suspended.
In March, there were 18 online ride-hailing platforms with orders exceeding 300,000. Among these platforms, Saicmobility, operated by SAIC Motor, maintained the highest compliance rate, while HXZ Chuxing, an independent ride-hailing brand launched by Didi, had the lowest compliance rate.
The top three operators that increased their compliance rate in March were Shouqi Limousine & Chauffeur, Landao Chuxing and Meituan Dache. The last three operators were Caocao Mobility, Ruqi Mobility and Jishi Yongche.
Among the major cities, Hangzhou in Zhejiang province kept the highest order compliance rate while Shijiazhuang in Hebei province had the lowest compliance rate.
As of March 31 this year, a total of 267 online ride-hailing platform companies across the country have obtained business licenses, an increase of four from March, 2021. Meanwhile, 4.073 million online ride-hailing driver’s licenses and 1.634 million vehicle licenses were issued across China, up 0.5% and 0.2% respectively from March of last year.