Founded in 2012, DiDi Chuxing is the largest ride-hailing mobile application platform in China with 94% market share, connecting riders and drivers in over 400 cities and provides around 25M rides per day in China to over 400M registered users. The company was merged from Didi Dache and Kuaidi Dache in 2015.
In July of 2015, Didi Chuxing was announced of its completion with total assets of $2 billion and the total financing process was accomplished within two weeks. In February of 2016, Didi Chuxing has achieved financial support of $1 billion. On May 13th, 2016, Didi Chuxing made $1 billion strategic investment in Apple Corp again.