HONG KONG -- China will launch a state-owned transportation platform that includes ride-hailing and flight services, state media has announced, as Beijing continues to keep a tight grip on the country's tech sector.
China tech
China to launch state-owned ride-hailing platform
Move is response to 'disorderly expansion and data security problems' in sector
China is launching a state-owned ride-hailing platform to deal with the "disorderly expansion" in the sector, according to Beijing Daily, the official paper of the Chinese Communist Party. © Reuters
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