Text/Guangzhou Daily all-media reporter Zhang Lu

Photo/Visual China

On May 5, the official account of the Ministry of Transport released the basic operation of the ride-hailing industry in April 11: the online ride-hailing regulatory information exchange system received a total of 2023 million orders in April, down 4.4% month-on-month, of which platforms that provide services to passengers and jointly provide services with ride-hailing platform companies (commonly known as "aggregation platforms") completed 7 million orders, down 06.1% month-on-month.

Is the industry saturated? Previously, many places issued risk reminders of the online car hailing market, the number of online car hailing in the region has been saturated, the industry boom is approaching the warning red line, please be rational when entering the industry.

Ride-hailing orders fell in April and driver data rose

According to the statistics of the online ride-hailing regulatory information exchange system, as of April 2023, 4, a total of 30 ride-hailing platform companies across the country have obtained the operating license of the online ride-hailing platform, an increase of 309 from the previous month. A total of 2.540 million ride-hailing driver licenses and 6.230 million vehicle transportation licenses were issued in various places, an increase of 0.3% and 4.2% respectively month-on-month. The E-hailing Regulatory Information Interactive System received a total of 2 million orders in April, down 4.7% month-on-month, while the number of drivers with E-hailing driver certificates rose by 06,1, which means that the number of E-hailing driver licenses increased while E-hailing driver licenses declined in April, and the number of orders received by a single driver decreased.

At the same time, orders from aggregators also declined in April. According to the data, platforms that provide services to passengers and jointly provide services with ride-hailing platform companies (commonly known as "aggregation platforms") completed 4 million orders, down 1.96% month-on-month. Among the seven platforms that provide aggregation services, Didi Chuxing, Huaxiaozhu Chuxing and Baidu Taxi have declined to varying degrees, while AutoNavi Taxi, Ctrip Ride, Meituan Taxi and Tencent Taxi have all increased to varying degrees. The compliance rate by order is Didi Chuxing, AutoNavi Taxi, Huaxiaozhu Travel, Baidu Taxi, Ctrip Taxi, Meituan Taxi, and Tencent Travel.

Industry insiders analyzed that although the order volume of Baidu Taxi, Didi Chuxing, and Hua Xiaozhu Travel has declined, its compliance rate is growing, so it cannot be ruled out that the platform has returned some drivers in order to improve compliance, resulting in a decline in transportation capacity that affects the order volume.

Five of the top 10 ride-hailing platforms saw orders rise

Among the top 4 ride-hailing platforms by order volume, orders for Huahua Mobility fell by 4.1% in April, orders for Wanshun Ride-hailing fell by 3.7%, and orders for Didi fell by 2.8%. Orders from five ride-hailing platforms, such as Qi Travel, Xiandao Travel, T3 Travel, Cao Cao Travel, and Hua Xiaozhu, increased.

Among the top ten ride-hailing platforms in terms of order volume, Ruqi Travel has the highest order compliance rate, and the lowest is Hua Xiaozhu Travel.

Among the top 10 platforms in terms of order volume, the compliance rate by order (referring to the proportion of orders where both drivers and vehicles are licensed) are Ruqi Travel, Xiandao Travel, T3 Travel, Huahua Travel, Wanshun Ride-hailing, Cao Cao Travel, Sunshine Travel, Didi Chuxing, Meituan Taxi, and Huaxiaozhu Travel.

The top three in terms of order compliance rate growth this month were Sunshine Travel, T3 Travel, and Flower Pig Travel; The last three growths were Ruqi (-3.3%), Cao Cao (-1.6%), and Meituan (-4.5%).

Some cities have stopped issuing ride-hailing business licenses

Is the industry saturated? On May 5, the official website of the Sanya Municipal Transportation Bureau issued a notice saying that in recent years, the number of ride-hailing platforms and ride-hailing vehicles in the city has grown rapidly, and the transportation capacity has become saturated. In order to further maintain the market order of the ride-hailing industry and protect the legitimate rights and interests of passengers and other operators, after research, it was decided to suspend the acceptance of the business of online ride-hailing business license and the issuance of transportation licenses. From 5:5 on May 5, the acceptance of online ride-hailing business licenses and the issuance of transportation certificates will be suspended.

In addition to Sanya pressing the "pause button", Zhuhai, Jinan, Dongguan and other cities have issued notices on risk warnings of the online taxi industry, reminding Volkswagen that the city's ride-hailing market capacity is basically saturated, some ride-hailing platform companies have idle vehicles due to low orders, and some cruise cars are also unmanned due to difficulty in achieving expected benefits.

Among them, on April 4, the official website of Jinan Urban and Rural Transport Bureau released the Notice on the Risk Early Warning of the Online Taxi Automobile Industry in Jinan, pointing out that as of the end of March 6, a total of 2023 ride-hailing platform enterprises had been registered in the city, 3,69 ride-hailing vehicles had been registered, and 17800,35983 drivers had obtained ride-hailing qualification certificates. Affected by factors such as the rapid increase in the number of ride-hailing and employees, according to statistical data, the average daily order volume of online ride-hailing bicycles is less than 10. At the same time, the excess number of ride-hailing vehicles and the excessive number of market entities have also adversely affected the safety production of the industry.