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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperOpinion / Xin ZhimingEditorialsOp-EdColumnistsContributorsCartoonsSpecialsFrom the PressForum TrendsTalk from streetDebateEditors Pick:Syrian refugeescyberspaceV-Day paradeshrimp scandalTPPHow to tackle the apps test to cabbiesBy Xin Zhiming ( Updated:2015-01-07 10:04Comments Print Mail Large Medium SmallThousands of taxi drivers in Shenyang, Liaoning province, reportedly blocked streets with their vehicles on Sunday in protest against unlicensed vehicles using taxi-hiring apps and apps-based car rental companies providing passenger services, including high-end cars.Thousands of taxi drivers in Shenyang, Liaoning province, reportedly blocked streets with their vehicles on Sunday in protest against unlicensed vehicles using taxi-hiring apps and apps-based car rental companies providing passenger services, including high-end cars. Although the cabbies also complained about the withdrawal of the fuel subsidy by the government, their main grievance was the loss of business because of the rising number of Internet-based car services companies.On Wednesday, news reports came that Beijing transport authorities will take measures to curb the illegal “taxi business” of private cars through the newly rising Internet apps, following the footsteps of Shenyang and Nanjing.It is not yet clear how the Shenyang city government will handle the issue and whether it will declare the services offered by market leaders such as Didi Dache, a taxi-hailing app provider backed by Tencent Holdings, and Kuaidi Dache illegal. But Shanghai transport regulators have set a precedent, by proscribing Didi Zhuanche, or car services offered by Didi Dache in December.Such regulations will cause a setback to the car-hiring companies and investors that are waiting to cash in on the potentially booming business. Just last month, Didi Dache secured $700 million in funding from global investors, including Singapore state investment company Temasek Holdings, Russian investment company DST Global and Tencent. Besides, the market is agog with rumors that Kuaidi Dache is about to finalize its latest round of funding after securing $800 million from global investors.Regulatory uncertainties, however, could cast a shadow on the prospects of the Internet-based car-hiring services, which have become popular in most of China’s big cities. To be fair, these companies’ business model is anything but dubious. For example, Didi Zhuanche works in tandem with established car rental companies to provide high-end car service mainly for businesspeople through the Internet and mobile phone apps.Every link in this business model chain has legal companies and services. Hence, it is hard to define it as illegal and ban it.Previous Page1 2 Next PagePrevious Page1 2 Next Page8.03KRelated StoriesBlack cabs face city crackdownCar-hailing apps encounter bumpy roadsChina tech giants in taxi-app battleChinas Didi Taxi gets $700m of investmentMost Viewed Todays Top NewsSocial protection key to poverty alleviationMothers first embrace can be the gift of lifeYouth exchanges hold promise of better ties in futureSales bonanza will not boost economyPlastic surgery can be scarring and not fit for allForum TrendsShould exam cheaters be sent to jail?Should you pay your children to do chores?Should grandparents be paid for babysitting?Have you ever been ripped off while traveling?Should teachers accept gifts from students?Is military training necessary for freshmen?Should children endorse products?ColumnistsA trio of titansMore exchanges and cooperation will improve trustFeatured ContributorsLet the market determine the number of Chinese childrenXis UK visit: A sea change in international relationsStar Bloggers7 reasons why I love China By MichaelMIve been in China long enough to see the good and the bad. It isnt hard to balance it all out and realize that the good far outweighs the bad. Here are 7 reasons why I love China.Trip to Xinjiang By AnmingThere are powerful sentences you might come across when living in China. One of them is: China is too big.Dont go to Harvard By MichaelMMost Chinese students who have a dream to study at a highly prestigious university in America have their eyes set on the likes of Harvard, Princeton or perhaps Stanford.SpecialGlobal views on Chinas WWII anniversaryGap years: A choice for young ChineseThe lives of stay-at-home dads…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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