Uber-like services won’t be banned by local regulators in China like what Uber encountered in the U.S.; however, they have their respective problems. Zhou Hang, founder of Yongche and serial entrepreneur, gives some color about doing such a business in China.

Yongche, founded in 2010, was one of the first Uber-style car rental services in China. It’s funded by ZhenFund, Morningside Ventures and Qualcomm Ventures.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com