China Tells Meituan, Didi to Fix ‘Misconduct’ by Year-End
- Regulators summoned execs from 11 ride-hailing firms Sept. 1
- The companies must roll out compliance plans by year-end
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Chinese regulators ordered car-hailing services run by Didi Global Inc., Meituan and Alibaba Group Holding Ltd. to rectify instances of what the government considers misconduct by December, amping up scrutiny over an industry that employs millions of people.
Officials from the transportation ministry and other departments summoned executives from 11 companies -- including Didi, Meituan and Alibaba’s ride-sharing and navigation unit Amap -- and criticized them for disrupting fair competition and hurting the interests of drivers and passengers, according to a statement published Thursday.