Ryan McMorrow reports from Beijing
China is to launch a state-owned ride-hailing platform. Initially aimed at members of the Communist Party of China and employees of state-owned enterprises, the platform will challenge Didi, China’s current market leader.
State media reported on Wednesday that the app, called Strong Nation Transport, which is backed by the transportation ministry and other government agencies, will launch soon and eventually allow users to book with almost any ride-hailing provider in the country Vehicles.
News of the government app comes after SoftBank…