It’s hard to believe that Didi Kuaidi, a company with more than 250 million users and a value upwards of $16 billion, is such a new company.
This time last year, in fact, it didn’t exist at all. At that point, there were still two competing apps and services, Didi Dache and Kuaidi Dache. The fight was fierce – and in February of 2015, the two decided that if you can’t beat ’em, merge with ’em. The merger is helping Didi battle Uber as the US-based startup expands across China.
We’ve put together an infographic to help it all make sense.