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DiDi
Didi Chuxing Technology Company 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. The company is a subsidiary of Xiaoju Kuaizhi Inc. History 2012–2014: founding of Didi Dache In June 2012, following eight years working in Alibaba's sales and Alipay divisions, Cheng Wei founded Didi Dache ( zh, labels=no, s=嘀嘀打车), a taxi-hailing app, through Beijing Xiaoju Keji Co. ( zh, labels=no, s=小桔科技; xiaoju meaning "little orange"), which then changed to zh, labels=no, s=滴滴打车. "" means "beep beep" in Mandarin (like a car's horn). The application was the init ...
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Cheng Wei
Cheng Wei (; born 19 May 1983) is a Chinese billionaire businessman. He is the founder, chairman and CEO of DiDi, a Chinese mobile transportation platform with global operations. In 2012, after eight years at Alibaba Group's regional and Alipay's operations, Cheng founded Beijing Xiaoju Technology Co Ltd in Zhongguancun. Biography Cheng was born in 1983 in Jiangxi, China. He received a bachelor's degree in administration from Beijing University of Chemical Technology. After graduation, Cheng served as an assistant to a chairman at a foot massage company. About one year later, Cheng applied to join Alibaba as a sales person for its business-to-business e-commerce service in 2005. For six years at Alibaba, Cheng served as a sales manager for the northern region of China. He later moved to China's largest third-party online payment platform, Alipay, where he was soon promoted to the position of regional manager. In 2012, Cheng left Alibaba to found Beijing Xiaoju Technology ...
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Liu Qing (businesswoman)
Liu Qing (, born 1978 in Beijing) or Jean Liu, is a Chinese business executive. Liu is the President of Didi Chuxing ("DiDi", formerly known as Didi Duache and Didi Kuaidi), China's largest mobile transportation platform. She worked at Goldman Sachs Asia for 12 years, becoming a managing director in 2012, before switching to Didi Dache serving as its chief operating officer in July 2014. After joining Didi Dache, she led the strategic merger between Didi Dache and its main competitor Kuaidi Dache which then created the car hailing company named Didi Kuaidi (later rebranded as Didi Chuxing) in 2015. In 2017, Liu was included on the annual ''Time'' 100 list of the most influential people in the world. She forced Uber out of the Chinese market when she, and Cheng Wei, got Uber to sell its China operation. Early life and education Liu was born in 1978 in Beijing. She is the daughter of Chinese businessman and Lenovo founder Liu Chuanzhi, and the granddaughter of Liu Gushu, a ...
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Uber
Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 150 million monthly active users and 6 million active drivers and couriers. It coordinates an average of 28 million trips per day, and has coordinated 47 billion trips since its inception in 2010. In 2023, the company had a take rate (revenue as a percentage of gross bookings) of 28.7% for mobility services and 18.3% for food delivery. History In 2009, Garrett Camp, a co-founder of StumbleUpon, came up with the idea to create Uber to make it easier and cheaper to procure direct transportation. Camp and Travis Kalanick had spent $800 hiring a private driver on New Year's Eve, which they deemed excessive, and ...
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Softbank
is a Japanese multinational Investment company, investment holding company headquartered in Minato, Tokyo, that focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's SoftBank Vision Fund, Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East. The company is known for the leadership of its controversial founder and largest shareholder Masayoshi Son. Its investee companies, subsidiaries and divisions, including several unprofitable Unicorn (finance), unicorns, operate in robotics, artificial intelligence, software, logistics, transportation, biotechnology, robotic process automation, Property technology, proptech, real estate, hospitality, broadband, f ...
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Vehicle For Hire
A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which they do not drive themselves, as in car rental and carsharing. They may be offered via a ridesharing company. Vehicles Vehicles for hire include taxicabs pulled rickshaws, cycle rickshaws, auto rickshaws, motorcycle taxis, Zémidjans, okadas, boda bodas, sedan services, limousines, party buses, carriages (including hackney carriages, fiacres, and caleches), pet taxis, water taxis, and air charters. Share taxis, paratransit, dollar vans, marshrutkas, dolmuş, nanny vans, demand responsive transport, public light buses, and airport buses operate along fixed routes, but offer some flexibility in the point of origin and/or destination. Notable companies Some of the largest vehicle for hire companies include Uber U ...
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Food Delivery
Food delivery is a courier service in which a restaurant, store, or independent food-delivery company delivers food to a customer. An order is typically made either by telephone, through the supplier's website or mobile app, or through a third party food ordering service. The delivered items can include entrees, sides, drinks, desserts, or grocery items and are typically delivered in boxes or bags. The delivery person will normally drive a car, but in bigger cities where homes and restaurants are closer together, they may use bikes or motorized scooters. Due to shifting habits in response to lockdowns and restrictions from the COVID-19 pandemic, online food delivery through third-party companies has become a growing industry and caused a "delivery revolution." Nascent technologies, such as autonomous vehicles have also been used to complete deliveries. Customers can, depending on the delivery company, choose to pay online or in person, with cash or card. A flat rate deliv ...
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Vehicles For Hire
A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which they do not drive themselves, as in car rental and carsharing. They may be offered via a ridesharing company. Vehicles Vehicles for hire include taxicabs pulled rickshaws, cycle rickshaws, auto rickshaws, motorcycle taxis, Zémidjans, okadas, boda bodas, sedan services, limousines, party buses, carriages (including hackney carriages, fiacres, and caleches), pet taxis, water taxis, and air charters. Share taxis, paratransit, dollar vans, marshrutkas, dolmuş, nanny vans, demand responsive transport, public light buses, and airport buses operate along fixed routes, but offer some flexibility in the point of origin and/or destination. Notable companies Some of the largest vehicle for hire companies include Uber, Ola Cabs Ola Consum ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Peru
Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pacific Ocean. Peru is a Megadiverse countries, megadiverse country, with habitats ranging from the arid plains of the Pacific coastal region in the west, to the peaks of the Andes mountains extending from the north to the southeast of the country, to the tropical Amazon basin rainforest in the east with the Amazon River. Peru has Demographics of Peru, a population of over 32 million, and its capital and largest city is Lima. At , Peru is the List of countries and dependencies by area, 19th largest country in the world, and the List of South American countries by area, third largest in South America. Pre-Columbian Peru, Peruvian territory was home to Andean civilizations, several cultures during the ancient and medieval periods, and has one o ...
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Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as China's List of cities in China by population, second largest city by urban area after Shanghai. It is located in North China, Northern China, and is governed as a Direct-administered municipalities of China, municipality under the direct administration of the Government of the People's Republic of China, State Council with List of administrative divisions of Beijing, 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province and neighbors Tianjin to the southeast; together, the three divisions form the Jing-Jin-Ji, Jing-Jin-Ji cluster. Beijing is a global city and ...
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Bicycle Sharing
A bicycle-sharing system, bike share program, public bicycle scheme, or public bike share (PBS) scheme, is a shared transport service where bicycles are available for shared use by individuals at low cost. The programmes themselves include both docking and dockless systems, where docking systems allow users to rent a bike from a dock, i.e., a technology-enabled bicycle rack and return at another node or dock within the system – and dockless systems, which offer a node-free system relying on smart technology. In either format, systems may incorporate smartphone web mapping to locate available bikes and docks. In July 2020, Google Maps began including bike share systems in its route recommendations. With its antecedents in grassroots mid-1960s efforts; by 2022, approximately 3,000 cities worldwide offer bike-sharing systems, e.g., Dubai, New York, Paris, Mexico City, Montreal and Barcelona. History The first bike sharing projects were initiated by various sources, such a ...
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Package Delivery
Package delivery, or parcel delivery, is the delivery of shipping containers, parcels, or high-value mail in single shipments. The service is provided by most postal systems, express mail, private courier companies, and less-than-truckload shipping carriers. Package delivery differs by country due to shipping costs and population size. In 2019, for example, China, the United States, and Japan were the top countries in terms of package delivery volume while Latvia, Macau, and Iceland ranked at the bottom. This can be explained in part by the population of the bottom three nations totaling 2 million while the top three represent a population of almost 2 billion. Mail order and next-day delivery in the United Kingdom Welsh entrepreneur Pryce Pryce-Jones formed the first mail order company in 1861. He distributed catalogues of Welsh flannel across the United Kingdom, with customers able to order by mail for the first time—this following the Uniform Penny Post in 1840 and the invent ...
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