|
| Monday, 11 January 2016, 19:43 HKT/SGT | |
| |
|
|
|
BEIJING, Jan 11, 2016 - (ACN Newswire) - Didi Kuaidi (Didi Chuxing) today announced that in 2015 the company registered a total of 1.43 billion completed rides across its 7 main services including private car, taxi, Hitch, designated driver, Didi bus, test drive and enterprise services.
 | | Didi Kuaidi Completed 1.43 Billion Rides in 2015; China becomes the World's No.1 Rideshare Market |
This number is nearly twice the total number of taxi rides in the United States in 2015, and 1.4 times Uber's global rides in the past six years since its launch in 2009(1). Didi's completed monthly rides, exceeded 200 million in December 2015, higher than the total number of rides hailed in New York for the entire year of 2015(2).
2015 is a landmark year of rapid growth for Didi. As its user base expanded to over 250 million, the company has been following an effective diversification strategy since the Didi-Kuaidi merger, and quickly established market leadership across a portfolio that covers multiple services including express, Hitch, designated driver, bus and enterprise services. According to a recent research published by China Internet Network Information Center, Didi holds 87.2% of China's private-car hailing market. Other industry sources recognize Didi as China's and the world's largest mobile-based transportation platform(3).
China experienced significant development in its overall mobile transportation market in 2015. Within past three years, mobile-based transportation has transformed traditional way of travel into a world-leading innovative industry. During the blizzard on November 23, for instance, Didi processed over 1 million private car requests in Beijing alone, representing eight times the number of daily private car rides counted in New York(4). Statistics find user support rate for internet rideshare industry is as high as 86.7% in China's core tier 1 and tier 2 cities(5). China has become the world's largest mobile transportation market in terms of the number of drivers, passengers and rides.
CHENG Wei, founder and CEO of Didi, says the company will focus on applying its data-mining capability to vertical capacity enhancement. "We could go from hailing a car to hailing a seat when our ride-pooling is introduced into taxis, private cars, and Hitch. We spent three years linking up urban mobility options on our mobile platform. In the next three years, big data and artificial intelligence capabilities will enable us to maximize the efficiency of all these tools."
Didi believes that the mobile transportation market will continue to experience robust growth as market structure stabilizes and the idea of sharing economy gains further recognition in China.
*
(1)IBISWorld, Statistic Brain
(2)New York Taxi & Limousine Commission
(3)CNNIC, 'Special Report on the Development of Internet-Based Private-Car Hailing'
(4)New York Taxi & Limousine Commission
(5)Horizon-Unirule China Public Governance Index
Topic: Press release summary
Sectors: Daily Finance, IT Individual, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
USDKG launching: $50M Gold-backed Stablecoin in the Kyrgyz Republic 
Nov 29, 2025 23:00 HKT/SGT
|
|
|
Eisai Submits New Drug Application for Subcutaneous Formulation of "LEQEMBI(R)" for the Treatment of Early Alzheimer's Disease in Japan
Friday, November 28, 2025 10:00:00 PM
|
|
|
Capital Revo Expands Trader Education Framework Amid Rising 2025 User Engagement
Nov 28, 2025 22:00 HKT/SGT
|
|
|
Eternal Beauty Holdings Announces First Results Since Listing, Interim Profit for FY2025/2026 Increased 15.3% YoY to RMB 1.3 Million
Nov 28, 2025 20:12 HKT/SGT
|
|
|
JFCR, NEC, and Taiho to Develop Cancer Vaccines Utilizing Whole-Genome Information
Friday, November 28, 2025 6:41:00 PM
|
|
|
MHI Publishes "MHI REPORT 2025" and "SUSTAINABILITY DATABOOK 2025"
Friday, November 28, 2025 6:05:00 PM
|
|
|
Sharp Wins IAM's "Asia IP Elite 2025", Awarded to Companies with Outstanding Intellectual Property Strategy for The Second Consecutive Year
Friday, November 28, 2025 5:36:00 PM
|
|
|
Think Business, Think Hong Kong strengthens Italy-Hong Kong ties and opens new path for Asian collaboration
Nov 28, 2025 17:03 HKT/SGT
|
|
|
Fujitsu builds platform for NSK to create environmental value throughout the product lifecycle of bearing products
Friday, November 28, 2025 5:01:00 PM
|
|
|
Fujitsu launches Japan Edition of SAP Fioneer Cloud for Insurance, a next-generation platform supporting core business operations in the Japanese insurance industry
Friday, November 28, 2025 4:28:00 PM
|
|
|
|
|
More Press release >> |
|
 |
|
 |
|
