# Didi Chuxing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/didi-chuxing

- Industry: Transportation Services
- Headquarters: Beijing, China
- Website: www.didiglobal.com
- Total disclosed funding: $18M
- Latest round: Series D (Jan 1, 2015)
- Investors on record: 10

## About

Established in 2012 and based in Beijing, China, Didi Chuxing operates as an online ride-hailing sharing travel platform that provides ride-sharing services. The company was formed as a result of the merger between Kuaidi Dache and Didi Dache. In 2013, Tencent and Alibaba became the strategic partners of the company. In June 2021, it was listed on the New York Stock Exchange (NYSE)  and its stock ticker is DIDI. In May 2022, the company held an extraordinary shareholders' meeting and formally voted to approve a resolution for the voluntary delisting of the company's depositary shares (ADSs) from the NYSE and intends to file a form with the SEC on June 2. In August 2023, Guangzhou Xiaopeng Motors Technology Co., Ltd. acquired a minority stake in the company for HKD 5.84 billion.

The company provides an AI-integrated mobile transportation application that includes car rentals, taxi-hailing, private car-hailing, and social ride-sharing solutions that allow private car owners to share rides with a passenger who shares the same route for their destination. Its products are divided into three series, which include car use open platform, red envelope open platform and data open platform. The company also provides DiDi Chauffeur, DiDi Bus - a bus service solution, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions - a provider of travel services and management solutions for enterprises. 

The company's revenue mostly comes from its Chinese market mobility segment, which consists of its ridesharing, taxis, chauffeurs, and hitch services.

## Funding rounds

- Series D, Jan 1, 2015 — Hong Shan, Hillhouse Investment, China Reform Holdings, Loyal Valley Capital
- Series C, Jan 1, 2014 — CPE Funds Management, Tencent Investment, China Renaissance, H Capital
- Series B, Apr 1, 2013, $15M — Tencent Investment, MPC
- Series A, Sep 1, 2012, $3M — GSR Ventures

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A
- Tencent Investment — Series B, Series C
- MPC — Series B
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series C
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series C
- H Capital (https://capitalatlas.ai/funds/h-capital) — Series C
- Hong Shan — Series D
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series D
- China Reform Holdings (https://capitalatlas.ai/funds/china-reform-holdings) — Series D
- Loyal Valley Capital (https://capitalatlas.ai/funds/loyal-valley-capital) — Series D