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China Issues Regulation of Sharing Economy Companies, Maintains Crackdown on Monopolies
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China Issues Regulation of Sharing Economy Companies, Maintains Crackdown on Monopolies

Jun 04, 2021
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China Issues Regulation of Sharing Economy Companies, Maintains Crackdown on Monopolies
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(Source: pxhere) 

The Chinese government warned on Thursday that companies involved in the sharing economy need to comply with regulation and price their services properly.

The three largest players in the bike-sharing market, including Alibaba-backed Hellobike, Didi Chuxing’s Qingju and Meituan are among the firms warned. Others included five separate po…

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