Didi Chuxing
Founded Year
2012Stage
PIPE | IPOTotal Raised
$20.767BRevenue
$0000About Didi Chuxing
Didi Chuxing (OTC: DIDIY) operates as a mobility technology platform. It offers a full range of application-based transportation including ride-hailing, taxi-hailing, chauffeur, hitch, and more. It was formerly known as Didi Kuaidi. It was founded in 2012 and is based in Beijing, China.
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Research containing Didi Chuxing
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Didi Chuxing in 3 CB Insights research briefs, most recently on Jan 25, 2023.
Expert Collections containing Didi Chuxing
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Didi Chuxing is included in 7 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,266 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
115 items
Smart Cities
2,087 items
Grocery Retail Tech
645 items
Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.
On-Demand
1,245 items
Mobility-as-a-Service
610 items
Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.
Didi Chuxing Patents
Didi Chuxing has filed 649 patents.
The 3 most popular patent topics include:
- Rotating disc computer storage media
- Video on demand services
- Machine learning
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
4/12/2021 | 5/2/2023 | Pickup trucks, User interfaces, Social networking services, Colorado railroads, Cryptography | Grant |
Application Date | 4/12/2021 |
|---|---|
Grant Date | 5/2/2023 |
Title | |
Related Topics | Pickup trucks, User interfaces, Social networking services, Colorado railroads, Cryptography |
Status | Grant |
Latest Didi Chuxing News
Apr 30, 2023
Didi’s shares are trading 14.5% below the U.S. IPO price. 30 April, 2023 Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as the country’s COVID lockdowns and a regulatory crackdown took a toll. In its first annual report since it delisted from the U.S. last year, Didi said its total revenue fell to 140.79 billion yuan ($20.37 billion) primarily “due to the effects of COVID-19 pandemic outbreaks in the second and fourth quarter of 2022” which hit its China business. China imposed stringent COVID restrictions across the country last year that had hammered its economy. It lifted those restrictions in December last year. Net loss attributable to Didi Global narrowed to 23.78 billion yuan in 2022, compare with the net loss of 49.34 billion yuan in 2021, helped by factors such as investment gains, the report said. Its China mobility business swung to a loss in 2022, though Didi said it has returned to growth this year, citing a rapid recovery in travel across China after the ending of COVID curbs. In March, Didi‘s daily transactions for China Mobility jumped 42% from the same period last year, to an average of 28.2 million. China lifted a 18-month ban on Didi earlier this year after a more than one year long regulatory crackdown on the company due to cyberspace security violations. The company delisted from the U.S., dozens of its app were banned from major app stores, and it paid the largest regulatory penalty imposed on a Chinese tech firm. Its net loss for 2022 included the $1.2 billion fine. Reuters
Didi Chuxing Frequently Asked Questions (FAQ)
When was Didi Chuxing founded?
Didi Chuxing was founded in 2012.
Where is Didi Chuxing's headquarters?
Didi Chuxing's headquarters is located at Building B1&B2, Digital Valley, Zhongguancun Software Park, Beijing.
What is Didi Chuxing's latest funding round?
Didi Chuxing's latest funding round is PIPE.
How much did Didi Chuxing raise?
Didi Chuxing raised a total of $20.767B.
Who are the investors of Didi Chuxing?
Investors of Didi Chuxing include Tencent Holdings, J.P. Morgan Chase & Co., HSBC, Goldman Sachs, Barclays Bank and 37 more.
Who are Didi Chuxing's competitors?
Competitors of Didi Chuxing include blox move, Grab, Cao Cao Mobility, UCAR Group, Uber and 9 more.
Compare Didi Chuxing to Competitors
Tiantian Yongche (Ttyongche) is a Beijing-based carpool mobile app maker. Its apps help office workers find carpool partners via a bidding process. It currently facilitates an average orders of 5,000 per day.
Gett is a technology platform focused on corporate Ground Transportation Management (GTM). Gett’s cloud-based software organizes thousands of transportation providers (corporate fleet, ride-hailing, taxi, and limos) into one single platform. The technology helps save businesses time and money by managing all their ground transportation spending and optimizes the entire employee experience from booking and riding to invoicing and analytics.
Ola runs a marketplace for cabs and car rental services under the brand Ola. The company was founded in 2011 and is based in Bengaluru, India.
Blacklane provides a chauffeur portal to connect people to professional chauffeurs via their mobile app, website, and hotline. It develops an online luxury chauffeur designed to offer carbon-neutral vehicles for traveling. The company was founded in 2011 and is based in Berlin, Germany.
Cabify provides transportation services to promote mobility in cities. Its services offer taxi cars with added features including a choice of music, magazines, and water, among others, driven by trained drivers. The company was founded in 2011 and is based in Madrid, Spain.
RideCharge, formerly TaxiMagic, dba Curb, connects users to safe, reliable rides from professional drivers. Download Curb for iPhone or Android to request a ride with the tap of a button, track a driver's arrival and pay fares seamlessly.
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