Mobility

The company will trade under the ticker symbol GOTO.

Nio, Xpeng, and Li Auto have laid the foundation for major automakers to launch new electric vehicles.

Rising oil demand has pushed gasoline prices higher, posing challenges for mobility businesses in the region.

China’s largest online travel agency has survived the worst of the business freeze, Liang says.

Competitors have eaten into Didi’s market share after it was removed from app stores in China last year.

Shopee and Traveloka have ventured into food delivery and on-demand transportation, while AirAsia plans to launch an array of services in Indonesia soon.

Aside from an overhaul in license review processes, the platforms will also need to improve their drivers’ compensation and welfare.

As the world’s largest auto market, the trajectory of China’s EV sector may offer insights for other parts of the world.