Shared Mobility: BMW startet Ridehailing in China

BMW bietet seit Dezember Ridehailing-Dienste in China an.

BMW Mobility Service Ltd, a fully-owned subsidiary of the BMW Group, obtained its ride-hailing license in Chengdu, the capital of Sichuan province in China’s southwest, BMW said. BMW Group said in October it would increase its stake in its Chinese joint venture with partner Brilliance China Automotive Holdings Ltd (1114.HK) to 75 percent from 50 percent. China’s ride-hailing market is worth $23 billion, more than all other ride-hailing markets combined, with China’s Didi Chuxing dominating with 90 percent of all bookings, consulting firm Bain & Co said.

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