CEO
CHENG WEI
2012
YEAR FOUNDED
HQ
BEIJING CHINA
87 03 DiDi
TRANSPORTATION
Transportation company DiDi was founded by an alumnus of Chinese ecommerce giant Alibaba , Cheng Wei . Originally backed by Tencent , in 2015 it merged with its biggest Alibaba backed rival , Kuaidi . Such was its dominance of the Chinese market that it bought out Uber ’ s Chinese business . Expanding beyond its original ride-hailing remit , the company has branched out into areas such as robotaxis , where it is planning to test its fleet of autonomous vehicles on the streets of Shanghai imminently .
asia . businesschief . com