China summons online truck portal, citing operating irregularities

Full Truck Alliance

18/11/2022 13:12

BEIJING, Nov 18 (Reuters) - China's Transport Ministry
said on Friday that it has summoned online truck portal Huolala
and issued reminders to three other truck companies over
operating irregularities.
    The ministry urged Huolala to immediately rectify the
malicious price competition, adding it resolutely curbs unfair
competitive behaviors. 
    It also issued reminders to Didi's sub-business Didi
Freight, Full Truck Alliance  YMM.N , and GOGOX Holdings
 2246.HK , the ministry said in a statement.
 (Reporting by Ella Cao and Twinnie Siu, Editing by Raissa
Kasolowsky)
 ((Ella.Cao@thomsonreuters.com;))