[originaltext]A: The ride-sharing business has flipped the taxi industry on its

A: The ride-sharing business has flipped the taxi industry on its head. Companies like Uber and Lyft are pocketing billions of dollars in revenue by disrupting local markets. But Uber finally failed in China and exited the market a few years ago, is that right?
B：没错，优步当年也是跟滴滴有过一场非常精彩的厮杀，最终双方停战，优步带着一份协议离开了中国市场。这其中的各种缘由今天就不细说了，说来说去还是优步作为外资企业不太了解中国市场的特点。
A: While Uber and Lyft are facing their growing pains in legal battles, China is legalizing car-hailing business. This is a first in the world as well. When this first came out, a lot of people were thrilled at the decision taken by the Chinese government. But shortly after that, the government launched a lot of regulations.
B：没错，现在在北京和上海，滴滴以及其他网约车公司已经被禁止向外地牌照的车辆发放订单了。
A: Oh, is that the case now? When I first heard about these regulations, I thought they didn’t stipulate so many restrictions on the business.
B：刚开始的时候，一些制度是非常松的，只不过是一个大的框架，但是在那之后，地方政府倒是逐渐为这样一个大框架增添了实质性的内容，涉及网约车行业汽车的排量、轴距、牌照、价格、年限等。