China has 318 online ride-hailing companies by end of June

30 Jul 2023 02:02pm
Image for illustrative purposes only. – FILE PIX
Image for illustrative purposes only. – FILE PIX
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BEIJING - China's online ride-hailing companies reached 318 by the end of June, five more than the number registered in the previous month, data from the Transport Ministry shows, reported Xinhua.

By the end of last month, the authorised ride-hailing vehicle certificates and driver licences in the country hit 2.43 million and 5.79 million, respectively, according to the ministry.

In June, China saw some 763 million ride-hailing trips, up 3.7 per cent on a monthly basis.

In 2022, online ride-hailing trips made up about 40.5 per cent of total taxi trips, an increase of 6.4 percentage points from a year earlier. - BERNAMA-XINHUA

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