In the year since Didi Chuxing bought Uber’s China assets and was declared the victor in the messy and expensive battle between the two adversaries, the company has set its sights on global expansion.
Jean Liu is leading one of the world’s most powerful transportation companies
Liu is No. 28 on the Recode 100.
VCG / Getty
Jean Liu is leading one of the world’s most powerful transportation companies
Liu is No. 28 on the Recode 100.
But, unlike Uber, Didi is expanding without physically stepping foot in many of the countries outside of China.
Instead, under President Jean Liu, the company has invested in a roster of ride-hail companies around the world including 99 in Brazil as well as Careem in the Middle East and South Asia. Didi also previously invested in Southeast Asia’s Grab, India’s Ola and Taxify in Europe. This year, the company opened a lab in the U.S. to develop AI for both its current business and self-driving cars.
Didi claims to operate the largest fleet of electric cars and announced this year it would be building its own electric vehicle charging network. That network will help support the one million EVs Didi aims to have in its network by 2020.
Today, the company boasts 450 million users and 21 million drivers, just in China.
This article originally appeared on Recode.net.
