DiDi

Didi is a Chinese transportation company, with Chinese companies and headquartered in Beijing. It provides rental vehicles and taxis through applications and sm

DiDi
Didi Chuxing Technology Company
FormerlyDidi Kuaidi
(Feb 2015 – Sept 2015)
Didi Dache, Kuaidi Dache
(pre-Feb 2015)
Company typePublic
OTC Pink Current: DIDIY
IndustryTransportation
FoundedJune 2012; 14 years ago (2012-06)
FoundersCheng Wei
Headquarters
Beijing
,
China
Area served
Key people
Cheng Wei (chairman & CEO)
Liu Qing (president)[4]
Services
RevenueIncrease US$21.633 billion (fiscal year ended 31 December 2020)[5]
Decrease –US$2.105 billion (fiscal year ended 31 December 2020)[5]
Decrease –US$1.619 billion (fiscal year ended 31 December 2020)[5]
Total assetsIncrease US$22.477 billion (fiscal year ended 31 December 2020)[5]
Total equityDecrease –US$11.620 billion (fiscal year ended 31 December 2020)[5]
Owner
Number of employees
15,914 (2020)[6]
ParentXiaoju Kuaizhi Inc.
Websiteweb.didiglobal.com

Didi is a Chinese transportation company, with Chinese companies and headquartered in Beijing. It provides rental vehicles and taxis through applications and smartphones.

Created by the merger of rival companies Didi Dache and Kuaidi Dache, backed by two Chinese internet giants, Tencent and Alibaba, respectively, it is valued at $26 billion (June 2016).

Services

Didi is a ride-hailing app where licensed taxis or cars can be hired to provide a service via mobile, smartphone, or multimedia applications.

It is similar to other apps such as Grab or Uber. As of May 2015, Didi had 1.35 million drivers operating in 360 Chinese cities, with 4 million daily rides. Its competitor, Uber, had just over one million daily rides.

Didi Food

In April 2017, it was announced that Didi would launch a pilot food delivery service in China, noting that it would progressively expand its served cities.

References

  1. ↑ "China's Didi Chuxing launches ride service in Mexico". Reuters. Archived from the original on 14 May 2018. Retrieved 14 May 2018.
  2. ↑ Kaye, Byron. "Chinese ride-sharing giant Didi picks Australia for first Western foray". Reuters. Archived from the original on 15 June 2018. Retrieved 15 June 2018.
  3. ↑ Jourdan, Adam. "China's Didi, SoftBank target Japan in taxi-hailing push". Reuters. Archived from the original on 15 June 2018. Retrieved 15 June 2018.
  4. ↑ "Didi Kuaidi (滴滴快的)". Tech in Asia. Archived from the original on 8 September 2015. Retrieved 8 September 2015.
  5. ↑ 5.0 5.1 5.2 5.3 5.4 "DiDi Securities Registration Report" (PDF). cloudfront.net. 31 December 2020. Retrieved 3 December 2021.
  6. ↑ "DiDi SEC Filing". Securities and Exchange Commission. Retrieved 8 July 2021.

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