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.
In recent years, the competition in the online ride-hailing industry has become increasingly fierce. Autonomous driving has become an important focus for online ride-hailing platforms. Didi, T3 Go, Cao Cao Mobility and other online ride-hailing platforms have successively announced their plans for autonomous driving and proposed "small goals".
On April 19, during the Shanghai Auto Show, Didi's autonomous trucking division KargoBot announced a strategic partnership with Chinese tech firm Horizon Robotics.
On April 13, Chinese ride-hailing giant Didi released its first autonomous driving and automatic operation center and autonomous driving concept car named "DiDi Neuron."
On March 29th, it was announced that DiDi's autonomous driving service has become one of the first companies to receive a qualification for intelligent networked demonstration operations in Guangzhou. Recently, it officially started accepting orders in Guangzhou and charges fees based on actual mileage and usage time, as regular taxi services.
On January 18, an app that has been described as the first Chinese state-backed transportation platform reportedly got support from the country's Ministry of Transport. However, authorities declared that they had no relationship with the app.
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.
Reports have emerged recently claiming that Tencent Holdings is considering a reduction of its shares in Meituan, Beike, Didi and other companies, in order to provide funds for its stock repurchase and new business ventures.
On August 22, China's Ministry of Transport conducted interviews with 11 ride-hailing service platforms including Didi, T3 Travel, AutoNavi, Caocao Mobility, and Meituan Taxi.
During a press conference held on the morning of August 19, officials of the Cyberspace Administration of China (CAC) answered questions from reporters. One response pertained to a high profile investigation by authorities into Chinese ride-hailing giant Didi.
ChengXin YouXuan, a community group buying platform owned by Didi, has resumed its operations in Lanzhou, Gansu province.
On August 11, Orange Electric Travel, a Didi and Li Auto joint venture, added a new bankruptcy review case.
Information released on July 15 by the Business Administration Department of the People's Bank of China (Beijing) showed that Didi Pay has been formally warned for 12 kinds of illegal acts and fined 4.27 million yuan ($632,349).
China's Ministry of Transport has formally summoned four domestic online freight corporations on July 8, namely Huolala, Full Truck Alliance, GOGOX and Didi Freight.
Major digital platforms offering daily services to Shanghai residents have also adopted measures to support the efforts, including Meituan Waimai and DiDi Global Inc.
China FAW Group is reportedly considering acquiring a significant amount of shares in ride-hailing giant Didi. FAW has responded to domestic media, stating: "It's not true."
Recently, Kevin Knight, the former chief scientist of the natural language processing (NLP) team of DiDi Labs in Los Angeles, announced on his LinkedIn page that he would leave the lab.
An R&D employee from an assembly plant said he recently received recruitment offers from ride-hailing firm Didi to join its vehicle manufacturing team.
Sources said that from November last year to the end of this month, the overall layoff ratio for employees of Didi Freight far exceeded 20%, and may will reach as high as 50%.
Shenzhen Yishi Huolala Technology Co., Ltd., the operator of intracity logistics platform Huolala, was fined 400,000 yuan ($63,346) on Thursday.