After the launch of the Didi App, China's second-quarter revenue from transportation increased by 57% year-on-year. The average daily order volume in June exceeded 30 million orders.
During a media communication meeting on April 21st, Cui Dayong, the CEO of T3 Go, a Chinese ride-hailing platform, said that the company is set to launch a separate app for young people due to the unfulfilled personalized and diverse needs of this user group.
Cui Dongshu, the Secretary-General of the China Passenger Car Association (CPCA), claimed on April 12 that online ride-hailing services are primarily responsible for traffic congestion in Beijing.
According to an internal notice circulated by Chinese food delivery giant Meituan on March 6, the company will reduce resources and manpower investment in its online ride-hailing sector.
Fu Qiang, senior vice president of Didi and CEO of the Urban Transportation and Service Department within the ride-hailing giant, will leave his post in the near future, and his next job is unknown.
Didi, a Chinese ride-hailing giant which recently resumed the registration of new users, launched an incentive program for drivers operating within Beijing's Fifth Ring Road.
After over a year of being reviewed by Chinese regulators, online ride-hailing platform Didi officially announced on January 16 that it has resumed new user registration.
In the two weeks since Chinese authorities announced a major easing of COVID-19 control measures, a decrease in both supply and demand for urban vehicular transportation has caused order volumes on several leading domestic ride-hailing platforms to fall sharply.
Wang Xing, chairman and CEO of Meituan, and Mu Rongjun, executive director, both no longer shareholders of Shanghai Tutuan Technology Co., Ltd., the main operator of Meituan's online ride-hailing business.
LEVC, a high-end commercial car brand owned by Geely, released a new online ride-hailing platform on October 31 called "Top Hat Travel," or "Limao Chuxing" in Chinese. Top Hat Travel focuses on high-quality and customized travel services.
The Shanghai municipal government announced on September 21 that the city's first batch of fuel cell vehicles for ride-hailing will be put into operation by the end of this month.
On September 21, Caocao Mobility, a Geely-backed online ride-hailing platform, announced a new strategic cooperation involving Geely's Smart Driving Center and autonomous driving startup Pony.ai.
Meituan Taxi, the ride-hailing unit of Chinese local life services giant Meituan, on September 15 joined Tencent's travel service platform on WeChat for operations in Shanghai.
