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China grants legal status to on-demand mobility services – Xinhua | English.news.cn

China unveiled its first nationwide regulation on on-demand mobility (ODM) services Thursday, granting legal status to the industry. The latest document specifies that ODM firms do not need to have their own fleet, effectively allowing private cars. About 96.6 million Chinese, or about one in every 14, hailed a taxi via online ODM services in […]

China unveiled its first nationwide regulation on on-demand mobility (ODM) services Thursday, granting legal status to the industry.

The latest document specifies that ODM firms do not need to have their own fleet, effectively allowing private cars.

About 96.6 million Chinese, or about one in every 14, hailed a taxi via online ODM services in 2015, while 21.6 million people booked private cars online, according to China Internet Network Information Center.

Source: China grants legal status to on-demand mobility services – Xinhua | English.news.cn

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