How Elon Musk Is Building the Terafab Team Inside Tesla Save 25% to unlock this story

Sign in
Subscribe

    Data Tools

    • About Pro
    • The Executives Leading the Data Center Race
    • The Next GPs 2026
    • The Next GPs 2025
    • The Rising Stars of AI Research
    • Leaders of the AI Shopping Revolution
    • Enterprise Software Startup Takeover List
    • Org Charts
    • The Information 50 2025
    • Generative AI Takeover List
    • Generative AI Database
    • AI Chip Database
    • AI Data Center Database
    • Tech IPO Tracker
    • Tech Sentiment Tracker
    • Gigafactory Database

    Special Projects

    • The Information 50 Database
    • VC Diversity Index
    • Enterprise Tech Powerlist
  • Org Charts
  • Deep Research
  • Tech
  • Finance
  • Weekend
  • Charts
  • Events
  • TITV
    • Directory

      Search, find and engage with others who are serious about tech and business.

    • Forum

      Follow and be a part of discussions about tech, finance and media.

    • Brand Partnerships

      Premium advertising opportunities for brands

    • Group Subscriptions

      Team access to our exclusive tech news

    • Newsletters

      Journalists who break and shape the news, in your inbox

    • Video

      Catch up on conversations with global leaders in tech, media and finance

    • Partner Content

      Explore our recent partner collaborations

      XFacebookLinkedInThreadsInstagram
    • Help & Support
    • RSS Feed
    • Careers
    Sign in
  • About Pro
  • The Executives Leading the Data Center Race
  • The Next GPs 2026
  • The Next GPs 2025
  • The Rising Stars of AI Research
  • Leaders of the AI Shopping Revolution
  • Enterprise Software Startup Takeover List
  • Org Charts
  • The Information 50 2025
  • Generative AI Takeover List
  • Generative AI Database
  • AI Chip Database
  • AI Data Center Database
  • Tech IPO Tracker
  • Tech Sentiment Tracker
  • Gigafactory Database

SPECIAL PROJECTS

  • The Information 50 Database
  • VC Diversity Index
  • Enterprise Tech Powerlist
Deep Research
TITV
Tech
Finance
Weekend
Charts
Events
Newsletters
  • Directory

    Search, find and engage with others who are serious about tech and business.

  • Forum

    Follow and be a part of discussions about tech, finance and media.

  • Brand Partnerships

    Premium advertising opportunities for brands

  • Group Subscriptions

    Team access to our exclusive tech news

  • Newsletters

    Journalists who break and shape the news, in your inbox

  • Video

    Catch up on conversations with global leaders in tech, media and finance

  • Partner Content

    Explore our recent partner collaborations

Subscribe
  • Sign in
  • Search
  • Opinion
  • Venture Capital
  • Artificial Intelligence
  • Startups
  • Market Research
    XFacebookLinkedInThreadsInstagram
  • Help & Support
  • RSS Feed
  • Careers

In-depth insights in seconds. Ask Deep Research.

Rides With Pets, Flexible Fares: The Uber of China Gets Creative to Survive Purgatory

Didi Global awaits a shareholder vote on delisting from the New York Stock Exchange. Photo by Bloomberg.
By
Juro Osawa
[email protected]Profile and archive

When Chinese regulators launched a crippling investigation into Didi Global immediately after its U.S. initial public offering last summer—blocking new downloads of its ride-hailing app—managers hoped the curbs would be lifted within a few months. Ten months later, Didi’s purgatory status hasn’t changed.

What once was one of China’s flagship tech companies is now withering from a thousand cuts: Regional and national rivals are eating into Didi’s once-unassailable monopoly over the market by offering liquor bottles and bags of rice as gifts to poach Didi drivers. Didi has laid off personnel across the company and, in a desperate attempt to reverse revenue declines, is trying new things, like rides for passengers who want to travel with pets.

“We really don’t know when this will end and how this will end,” said a Didi ride-hailing manager who oversees several cities in China.

Recommended