Didi Global

About

Didi Global (formerly Didi Chuxing) is China's dominant mobility technology platform offering ride-hailing, taxi-hailing, chauffeur services, bike-sharing, freight, and other transportation services across Asia-Pacific and Latin America. Founded in 2012 in Beijing with over 20,000 employees, Didi processes tens of millions of rides daily, making it one of the world's largest transportation platforms by volume. The company's ride-hailing marketplace connects hundreds of millions of users with millions of drivers across multiple service tiers including economy, premium, and luxury options. Didi's platform includes traditional taxi dispatch, helping licensed taxi drivers compete in the digital era while maintaining their existing business models. The company's Hitch carpooling service matches commuters traveling similar routes, reducing costs and environmental impact. Didi's bike-sharing and e-bike services provide last-mile transportation solutions in dense urban areas. The freight and logistics services connect shippers with truckers for intra-city and inter-city deliveries. Didi Autonomous Driving, a separate business unit, develops self-driving technology and operates pilot robotaxi services. The platform's sophisticated algorithms optimize driver-rider matching, dynamic pricing, and route planning across its massive network. Didi's financial services include driver lending, insurance, and payment processing. After going public on the NYSE in 2021, the company faced significant regulatory scrutiny from Chinese authorities regarding data security and foreign listings, leading to its delisting from U.S. exchanges. Despite regulatory challenges, Didi maintains dominant market position in China and continues expanding internationally. The company's vast data on urban mobility patterns positions it strategically for future transportation innovations and smart city initiatives.