Wednesday, July 7, 2021

Ridesharing Firm Didi’s IPO Calamity Highlights Risks for Online Travel in China 🔒

Did Airbnb, Booking Holdings, Tripadvisor, Oyo, and Marriott, among others, squirm a bit upon learning of Chinese regulators' latest antitrust crackdowns, this time against ridesharing giant Didi and food-delivery and hotel booker Meituan? If not, they should. -Dennis Schaal