Didi Chuxing Stock
Didi Chuxing is a mobile transportation platform, offering a full range of commuting options to 400 cities in China.
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About Didi Chuxing Stock
Founded in 2012, DiDi is the world’s largest mobile transportation service platform, offering a broad range of mobile technology-based transportation options across over 400 major Chinese cities, including taxi hailing, private car hailing, Hitch (social ride-sharing), Chauffeur, DiDi Bus, DiDi Test Drive, and DiDi Enterprise Solutions. As the leader in China’s sharing economy initiative, DiDi completed a total of 1.43 billion rides on its platform in 2015, while applying its big-data capabilities to solving the country’s transportation and environmental challenges. In February 2016 DiDi became the world’s second largest online transaction platform, next only to Alibaba.
Funding History
| July 2015 | $2.0B |
|---|---|
| October 2015 | $0 |
| June 2016 | $4.5B |
| June 2016 | $300M |
| June 2016 | $2.5B |
| September 2016 | $120M |
| February 2017 | $0 |
| April 2017 | $5.5B |
| December 2017 | $4.0B |
| April 2018 | $265M |
Management
Chief Technical Officer
Zheng Bu
Co-Founder & CEO
Cheng Wei
Head of International Strategy
Li Zijian
Chief Technical Officer
Fengmin Gong
Vice President, Strategic Development
Stephen Zhu
President
Jean Liu
Press
TechCrunch - Feb, 25 2020
Grab raises up to $856M to boost its payments business as rumors swirl of a merger with rival GojekWall Streets Journal - Jan, 30 2020
SoftBank Is Funding Every Side of a Bruising Startup BattleTechCrunch - Nov, 6 2019
China’s Didi to relaunch Hitch carpooling service this monthWall Streets Journal - Nov, 5 2019
WeWork Isn’t the Only Stumble for SoftBank’s Vision FundWall Streets Journal - Sep, 23 2019
What Drove SoftBank’s Vision Fund Up Is Dragging It DownWall Streets Journal - Sep, 23 2019
Chinese Tech Companies Turn to Financial ServicesTechCrunch - Jul, 2 2019
Raising a Series A round in Latin America todayTechCrunch - Jul, 2 2019
China’s Didi removes 300,000 drivers amid safety overhaulTechCrunch - Jul, 1 2019
Ola Electric becomes India’s newest unicorn with new $250 million investment from SoftBankTechCrunch - Jun, 27 2019
Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise ITForbes - Jun, 26 2019
The State Of Digital Transformation In China Versus The Rest Of The WorldTechCrunch - Jun, 5 2019
China’s Didi kicks off expansion in Latin America with moves into Chile and ColombiaForbes - May, 24 2019
The Amazing Ways Chinese Face Recognition Company Megvii (Face++) Uses AI And Machine VisionForbes - May, 11 2019
Noise About Uber IPO Overlooks Its Bumpy Ride in AsiaForbes - May, 6 2019
Uber Should Be Judged On Its Own Merits, Not Amazon'sWall Streets Journal - Apr, 30 2019
Backlash Brews in China’s Startup Culture Against Grueling HoursWall Streets Journal - Apr, 23 2019
Didi Dominates Ride-Hailing in China but Loses Money on Many of Its TripsNew York Times - Apr, 23 2019
This Estonian Start-Up Has Become a Thorn in Uber’s SideTechCrunch - Apr, 22 2019
Sony launches a taxi-hailing app to rival Uber in TokyoTechCrunch - Apr, 11 2019
Didi steps up financial drive as it courts car leasing companiesTechCrunch - Apr, 11 2019
Uber has already made billions from its exits in China, Russia and Southeast AsiaTechCrunch - Apr, 2 2019
Search giant Baidu has driven the most autonomous miles in BeijingTechCrunch - Apr, 1 2019
Airbnb confirms stake in India’s OYO, sources say it invested $150M-$200MNew York Times - Mar, 14 2019
China’s Slowdown Already Hit Its Factories. Now Its Offices Are Hurting, Too.Forbes - Mar, 13 2019
Job Cuts And No More Snacks: China's Internet Companies Brace For Slowest Growth In YearsTechCrunch - Feb, 28 2019
NetEase is the latest Chinese tech giant to lay off a big chunk of its staffTechCrunch - Feb, 21 2019
Alibaba hits the gas on mobility as its bike sharing service adds carpoolingTechCrunch - Feb, 16 2019
Transportation Weekly: Didi woes, how Nuro met Softbank, Amazon’s appetiteTechCrunch - Feb, 14 2019
China’s Didi is laying off 15% of its staffForbes - Feb, 6 2019
Uber’s Secret Gold Mine: How Uber Eats Is Turning Into A Billion-Dollar Business To Rival GrubhubTechCrunch - Dec, 5 2018
China’s Didi restructures key units to improve safety following passenger deathsTechCrunch - Nov, 28 2018
China’s Didi adds driver training program to counter sharp decline in ridesTechCrunch - Nov, 23 2018
Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailingTechCrunch - Nov, 7 2018
Monashees raises $150 million for its eighth Latin American fundTechCrunch - Oct, 29 2018
China’s Didi Chuxing is poised to expand into hotel bookingsTechCrunch - Oct, 20 2018
Startup Battlefield Latin America 2018TechCrunch - Oct, 10 2018
TechCrunch Startup Battlefield Latin AmericaTechCrunch - Sep, 26 2018
China’s Didi Chuxing adds more safety features following passenger murderTechCrunch - Sep, 26 2018
Stripe is now valued at $20B after raising another $245M led by Tiger GlobalKrASIA - Jun, 26 2018
China Renaissance the bank helps create Didi Chuxing files for $800m HK IPO- Jun, 14 2018
Didi will resume late night Hitch rides, but only allow drivers to pick up passengers of the same sexCointelegraph - May, 29 2018
Founder of Chinese Ride Hailing Company to Launch Blockchain-Based Taxi AppCrunchbase News (blog) - May, 23 2018
How Didi Partnered And Burned Its Way To Market Leadership In ChinaWired.co.uk - Feb, 9 2018
Didi Chuxing took on Uber and won. Now it's taking on the worldVentureBeat - Jan, 3 2018
Didi Chuxing confirms it's buying Brazilian ride-hailing startup 99Quartz - Nov, 29 2017
Uber's next investor could be the Chinese company that has backed its rivalsTechCrunch - Mar, 2 2017
China's taxi on-demand war reignited: Didi rival UCAR is raising $1 billionEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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