HOME > BUSINESS >After $4.4 billion New York IPO, founders of China s Didi eye global growth
After $4.4 billion New York IPO, founders of China s Didi eye global growth
Reuters | Jul 01, 2021 04:17 PM EDT
Didi Chuxing s CEO Will Cheng and President Jean Liu attend a launch event for D1 electric van by Didi and electric vehicle maker BYD, in Beijing, China (Photo : REUTERS/Yilei Sun)
From working at a foot massage company to setting up China s biggest ride-hailing firm, Will Wei Cheng has navigated several hurdles on the path to taking Didi Global Inc public in a $4.4-billion New York float.
As Cheng rose to the upper echelons of Chinese technology entrepreneurs, he faced challenges including tough competition, intense criticism for Didi after rape and murder cases linked to its drivers in 2018, and a COVID-19 induced slowdown at home.
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