A new route for ride-hailing companies in China

The ride-hailing market in China is saturated and smaller players are now entering into new markets like electric and logistics vehicles to avoid direct competition with the dominant players.

Carol Huang

October 24, 2018

Regional ride-hailing company Wuhan BMKP Technology (BMKP) announced on Tuesday that it has raised Rmb300 million ($43 million) from Beijing Qianjiayuan Capital for business expansion.

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