
Didi was initially listed on the New York Stock Exchange but then it was compelled to delist due to regulatory issues in China.
DiDi is the world’s leading mobility technology platform with a full range of app-based services across global markets.
Didi Chuxing Technology Co., formerly named Didi Dache and Didi Kuaidi, is a Chinese vehicle for hire company headquartered in Beijing with over 550 million users and tens of millions of drivers. The company provides app-based transportation services, including taxi hailing, private car hailing, social ride-sharing, and bike sharing; on-demand delivery services; and automobile services, including sales, leasing, financing, maintenance, fleet operation, electric vehicle charging, and co-development of vehicles with automakers.
Vehicles for hire
Didi was initially listed on the New York Stock Exchange but then it was compelled to delist due to regulatory issues in China.
The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn.
With the infusion of assets and insights from Didi, Xpeng is seizing the opportunity to develop an affordable electric car under a new mass market brand, codenamed “MONA”.