FAST FIVE: China Intensifies Crackdown On Didi With New Ride-Hailing Rules The new guidelines also outlined how Didi and other smaller ride-hailing companies must fully employ some drivers rather than subcontracting them out — Didi had previously warned would such a requirement could “fundamentally” change its business model. Li Chengdong, head of the internet think-tank Haitun, told Financial Times the rules allowing drivers to become full-time employees would “increase costs” for the company that would have a material impact on finances. “For Didi that would mean costs would go way up, it would have a huge impact.” The latest order...