At the night time of July 25, a screenshot associated with Didi’s ongoing chapter audit used to be leaked by means of an accounting company worker. On Chinese language social media platform Weibo, a consumer suspected of being a Didi worker showed that the company’s car-sharing trade goes into liquidation. The inside track comes as Didi’s independent riding trade, which is closely related to its car-sharing mission, is present process mass layoffs.
In keeping with home trade knowledge platform Tianyancha, the “Didi Automotive-Sharing” trademark belongs to Beijing Didi Limitless Era Construction Co., Ltd., whose felony consultant is Didi CEO Will Cheng.
Didi’s car-sharing arm provides commute products and services in line with the “Web of Automobiles” throughout the Didi Chuxing app. Customers can select up, use and go back automobiles throughout the app or at offline running websites.
Didi’s vehicle-sharing trade has had nice expectancies. Cheng stated in November 2020 that sharing is the optimum resolution for day by day commute at some point. Purchasing products and services will in the end exchange purchasing gear, he says, permitting other folks to have a greater commute enjoy with out proudly owning a vehicle. The share of commute by means of shared way in China or even globally has a possibility to develop from 3% now to 30% by means of 2030.
Cheng predicted that greater than 1 million shared vehicles supplied with independent riding purposes are anticipated to be to be had on Didi’s platform by means of 2025, whilst upgraded variations of shared vehicles at some point will have the ability to wearing Didi’s personal independent riding modules. “Through 2030, we are hoping to do away with the cockpit and be totally independent,” Cheng added.
Alternatively, Didi has been in hassle since its list to the New York Inventory Change in June 2021. In July, The Our on-line world Management of China (CAC) ordered app retail outlets to take away Didi, mentioning violations by means of the corporate’s assortment and utilization of private knowledge. The regulator additionally requested Didi to rectify such issues. Didi’s app continues to be now not to be had on-line.
On July 21, 2022, Didi used to be fined 8.026 billion yuan ($1.19 billion) by means of the CAC because of its alleged violation of China’s Community Safety Regulation, Knowledge Safety Regulation, Private Knowledge Coverage Regulation, and Administrative Consequences Regulation. Will Cheng, and Jean Liu, the corporate’s president, have been every fined 1 million yuan ($147,900). Pandaily in the past reported that Jean Liu is about to go away the corporate.
On the time of newsletter, Didi had now not but spoke back relating to its car-sharing arm’s reported chapter.