Fresh competition has emerged in China’s ride-hailing market, long dominated by Didi Global, as the industry pioneer still struggles to restore its presence on the country’s app stores, after authorities concluded a major year-long investigation against the company last month. A number of Big Tech companies – including on-demand delivery platform operator Meituan, telecoms equipment giant Huawei Technologies Co, and Tencent Holdings’ WeChat – have been investing heavily in the field, hoping to carve out a foothold in a market where Didi once controlled a share of more than 90 per cent. The heated race has translated into hefty discounts...