Online travel services giant Ctrip bags licence to offer ride-hailing services in China

Traffic travels along the Second Ring Road in Beijing, China, on Wednesday, Dec. 2, 2015. Photographer: Qilai Shen/Bloomberg

New York-listed Chinese trip booking giant Ctrip announced on Tuesday that it has been granted a licence to offer web-enabled car-on-demand services in the country in a move that could challenge Didi Chuxing‘s virtual monopoly on the industry.

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