Summary
- Chinese cities are warning against the oversupply of ride-hailing drivers amidst a weak job market.
- Municipal governments are cautioning unemployed citizens about entering the ride-hailing industry.
- Several cities have reported saturation in the number of ride-hailing cars and drivers.
- Concerns over market saturation coincide with leadership changes at Didi Chuxing.
Read Full Article: Chinese cities issue warnings about oversupply of ride-hailing drivers amid weak job market
