DiDi is Building a Transportation Ecosystem

Didi Chuxing, China’s largest ride-hailing service is investing $1 billion into its auto services platform, which will now be consolidated under a new business called Xiaoju Automobile Solutions Co.

Available in 257 cities with a network of over 7,500 partners and distributors, Didi’s auto services platform offers auto leasing, insurance, car maintenance, refueling and more. The new business will be led by Kevin Chen, who was the General Manager of the auto services platform.

“The creation of Xiaoju Automobile Solutions is not only a key step towards achieving DiDi’s automobile alliance strategy, but also a milestone in organizational innovation as we continue to expand our business horizon. DiDi believes that only by serving drivers better, will we be able to serve passengers better. In the future, DiDi will continue a win-win collaborative network with partners throughout the automotive industry chain to build a new transportation ecosystem designed for a future of shared mobility.” –  Founder, Chairman and CEO of Didi Chuxing, Cheng Wei.

“The new Xiaoju Automobile Solutions team is ready to embrace our new missions. Building on our service to 30 million DiDi drivers, we will strive to develop a leading one-stop auto solution platform capable of winning the highest trust of car users with a more enjoyable, innovative and friendlier auto service experience. As a crucial extension of DiDi’s overall automotive strategies, Xiaoju Automobile Solutions will also contribute to DiDi’s leadership in the transformation of global transportation and automotive industries.” – General Manager of Xiaoju Automobile Solutions, Kevin Chen.