Chinese bike-rental firm Hello TransTech will launch a carpooling platform later this month, our sister site TechNode Chinese reports, marking its latest expansion into China’s increasingly regulated mobility sector.

The company is currently recruiting drivers for the service. Applicants are required to submit information including their identification number and drivers license. Hello TransTech has promised prospective drivers that the approval process will not exceed 48-hours and that they can make RMB 2,000 ($300) a month.

The company announced its recruitment plan earlier this month on its WeChat account (in Chinese). This was followed by another announcement saying its carpooling service will be available in 10 cities—including Shanghai, Hangzhou, and Guangzhou—by the end of the month.

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Jill Shen

Jill Shen is Shanghai-based technology reporter. She covers Chinese mobility, autonomous vehicles, and electric cars. Connect with her via e-mail: jill.shen@technode.com or Twitter: @yushan_shen