China’s ride-hailing service DiDi rivals Uber as it expands globally

DiDi, which translates to “beep beep”, was founded in 2012 by Cheng Wei, a former deputy sales manager for Alibaba’s Alipay. It began life in Shanghai as an application-based taxi service to enable individuals to book taxis from their smartphones. DiDi grew to hold 55% of China’s ride-hailing market in just two years and has … Continue reading China’s ride-hailing service DiDi rivals Uber as it expands globally