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Shenzhen's Ride-Hailing Market Is Saturated; Official Risk Warning Issued.
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Shenzhen's ride-hailing market is saturated; official risk warning issued. Recently, the Shenzhen Municipal Transportation Bureau released a report on the operational dynamics and risks of the ride-hailing industry in Shenzhen for April 2026. The report states that the market is currently saturated, with the average daily number of orders completed per vehicle in the city in April being approximately 13.01. The official warning is serious.
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