Dida Inc. (China)

The Company was incorporated as an exempted company with limited liability in the Cayman Islands on 11 July 2014 under the Companies Act of the Cayman Islands. The listing date is on 28 June 2024. Their primaly revenue are Provision of carpooling marketplace services, Provision of taxi related services and Provision of advertising and related services.
HISTORY
2014 – The Company and PRC operating entity, Beijing Changxing, were incorporated. Launched the app-based carpooling marketplace.
2015 - Completed the series B financing which was led by renowned institutional and corporate investors such as IDG and Bitauto.
2016 - Began to develop multiple monetization channels based on the established carpooling business and our riders reached 10 million.
2017 - Launched smart taxi services with a focus on developing online-hailing solutions. Completed the series D financing which was led by NIO Capital, a leading strategic investor in the mobility market.
2018 - Launched taxi service for enterprise clients, establishing a nationwide taxi-hailing network covering over 80 cities. Upgraded brand from Dida Pinche to Dida Chuxing. Participated in the establishment of and promoted the development of Taxi Reform and Development Institution with UTDT, to drive and facilitate the reform and development of taxi industry.
2019 - Achieved No. 1 carpooling marketplace position in China in terms of the number of carpooling rides in 2019 with sustainable profitability, according to the F S Report, and launched smart taxi pilot project in Xi'an. Participated in the establishment of and promoted the development of the Carpooling Service User Committee with various industry associations and research institutions, enabling carpooling service users to participate in the development of industrial standards and improve the level of user experience. Participated in the establishment of and promoted the development of Carpooling Legal and Standardization Committee with various academic and industry institutions, and contributed to the development of carpooling industry legal framework.
2020 - The number of registered users reached 205 million.
2021 - Launched WeChat mini program Easy Mobility for elderly
people nationwide. Launched Landuoduo Plan, the first methodology and algorithm standard for carpooling carbon emission reduction. The accumulative usage of Taxi Smart Code reached 187 million. Launched gratitude program.
2022 - Reached a strategic cooperation with China Emissions Exchange, aiming to reduce carbon footprint of people's travels, promote incentivized carbon mitigation projects among individuals and small businesses, and support green finance and ESG-related investment projects. The accumulative feedbacks received by Taxi Smart Code in Xi'an City reached 130 million.
2023 - The accumulative mileage of carpooling rides reached 32.6 billion kilometers.