Didi

Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.

Wei Cheng

Co-Founder and CEO

Fengmin Gong

VP and InfoSec Strategy

Past deals in Ride Sharing

Didi Woya

Series C in 2024
Didi Woya is a pioneering startup focused on creating autonomous vehicles for rideshares. Their goal is to revolutionize transportation services by providing efficient, affordable, and comfortable rides with rapid response times and budget-friendly fares. Utilizing cutting-edge technologies such as machine learning, the Internet of Things, and comprehensive 360-degree monitoring, DiDi Woya is dedicated to developing and commercializing innovative solutions in the field.

DiDi Mobility Japan

Venture Round in 2021
DiDi is a vehicle dispatch platform that connects those who want to ride a taxi with those who need one. It will optimize taxi dispatch and provide an unprecedented travel experience by utilizing advanced analysis and prediction technology that makes use of AI (artificial intelligence).

Qingju

Venture Round in 2020
Qingju is a company that provides bike-sharing platforms and services. It is a division of the taxi-hailing and car-sharing service provider, Didi Chuxing. The company's e-bike is a smart and accessible solution for long-distance transportation, which embodies Qingju's experience in quality manufacturing, the sharing economy, smart technology, and modern design language. It is designed and equipped with GPS and proprietary smart Drum Brake Lock System, making locking and unlocking automatically controlled by the software and Bluetooth, which solves the biggest problem - disorderly parking.

Bolt

Corporate Round in 2018
Bolt Technology OÜ is a transportation platform based in Tallinn, Estonia, that provides ride-hailing, micromobility, and food delivery services. Founded in 2013, Bolt operates a smartphone application that allows users to book taxis directly, selecting options based on price and quality ratings, while also tracking the driver's arrival in real time. The platform aims to enhance urban mobility by offering a reliable and accessible alternative to traditional transportation methods, contributing to reduced traffic congestion and pollution in cities. With over 50 million customers across more than 40 countries, Bolt is recognized as one of the fastest-growing startups globally, striving to create a future with less reliance on car ownership.

Didi Travel

Series A in 2018
Mobile Go is a startup focused on enhancing the ride-sharing experience by providing in-car snack and drink services. The company places snack boxes in vehicles, allowing passengers to conveniently purchase refreshments during their rides. This service not only improves the overall rider experience but also offers drivers an additional source of revenue. By integrating snack options into the ride-sharing environment, Mobile Go aims to create a more enjoyable and satisfying journey for passengers while supporting drivers financially.

99

Acquisition in 2018
99 is a Brazilian company that offers taxi services through its mobile application, 99Taxis. Founded in July 2012 by Ariel Lambrecht, Paulo Veras, and Renato Freitas, it is headquartered in São Paulo and operates as a subsidiary of Didi Chuxing Technology since December 2017. The 99Taxis platform connects passengers with local drivers, allowing users to easily request transportation services through their smartphones. This service aims to make the process of booking a taxi quick, convenient, and efficient, enhancing the overall user experience in urban mobility.

Uber Advanced Technologies Group

Secondary Market in 2017
Founded in 2019, Uber Advanced Technologies Group is a subsidiary of Uber Technologies, Inc. It focuses on commercializing self-driving ridesharing services, aiming to bring safe and reliable autonomous transportation to users worldwide.

Careem

Corporate Round in 2017
Careem operates a car booking platform that connects passengers with local drivers via a marketplace of community drivers. The platform lets users request a ride in minutes, see the fare, and pay with a credit card, providing access to convenient and affordable transportation.

Bolt

Corporate Round in 2017
Bolt Technology OÜ is a transportation platform based in Tallinn, Estonia, that provides ride-hailing, micromobility, and food delivery services. Founded in 2013, Bolt operates a smartphone application that allows users to book taxis directly, selecting options based on price and quality ratings, while also tracking the driver's arrival in real time. The platform aims to enhance urban mobility by offering a reliable and accessible alternative to traditional transportation methods, contributing to reduced traffic congestion and pollution in cities. With over 50 million customers across more than 40 countries, Bolt is recognized as one of the fastest-growing startups globally, striving to create a future with less reliance on car ownership.

Grab

Series G in 2017
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

99

Series C in 2017
99 is a Brazilian company that offers taxi services through its mobile application, 99Taxis. Founded in July 2012 by Ariel Lambrecht, Paulo Veras, and Renato Freitas, it is headquartered in São Paulo and operates as a subsidiary of Didi Chuxing Technology since December 2017. The 99Taxis platform connects passengers with local drivers, allowing users to easily request transportation services through their smartphones. This service aims to make the process of booking a taxi quick, convenient, and efficient, enhancing the overall user experience in urban mobility.

Uber Advanced Technologies Group

Acquisition in 2016
Founded in 2019, Uber Advanced Technologies Group is a subsidiary of Uber Technologies, Inc. It focuses on commercializing self-driving ridesharing services, aiming to bring safe and reliable autonomous transportation to users worldwide.

Ola

Series F in 2015
Ola is a mobile technology platform based in India that connects passengers with a variety of transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, the company operates its services through a mobile application available on Windows, Android, and iOS platforms. Ola's platform is designed to provide convenient and transparent ride-hailing services, enabling users to book city taxis, outstation travel, car rentals, and corporate travel. With its headquarters in Bengaluru and additional offices across the country, Ola aims to enhance urban mobility by offering a broad network of transportation solutions. Additionally, Ola Café focuses on delivering food from top-rated local restaurants to customers within 20 minutes, further diversifying the company’s offerings.

Lyft

Series E in 2015
Lyft is a transportation company that designs, markets, and operates a mobile application that connects riders with drivers for private and shared rides, with in-app payment and the ability to schedule trips in advance. The platform has expanded to multimodal options, including bike- and scooter-sharing, to provide integrated transportation options. Founded in 2013 and publicly listed in 2019, Lyft is the second-largest ride-sharing service provider in the United States and Canada, serving diverse user segments including college, university, and corporate communities.

Lyft

Series E in 2015
Lyft is a transportation company that designs, markets, and operates a mobile application that connects riders with drivers for private and shared rides, with in-app payment and the ability to schedule trips in advance. The platform has expanded to multimodal options, including bike- and scooter-sharing, to provide integrated transportation options. Founded in 2013 and publicly listed in 2019, Lyft is the second-largest ride-sharing service provider in the United States and Canada, serving diverse user segments including college, university, and corporate communities.

Kuaidi Dache

Acquisition in 2015
Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standard and luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them. In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.