Didi Dache Appoints Jean Liu as President

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Feb 04, 2015, 02:32 ET

BEIJING, Feb. 4, 2015 /PRNewswire/ -- On February 4, 2015, China's largest mobile-based transportation platform Didi Dache announced that it has appointed its COO Jean Liu as President, who will be in charge of Didi's general operations. The appointment marks a new era for Didi with two leaders, Cheng Wei as the Company's Founder, Chairman of the Board and CEO, and Jean Liu as the Company's President.

Didi Dache's new President, Jean Liu, previously a Managing Director of Goldman Sachs' Principal Investment Area in Asia

Didi Dache is China's largest mobile-based transportation platform with more than 70% market share. Based on its latest round of funding, Didi Dache was valued at more than $3.5 billion. In 2014, Didi Dache launched Didi Black, an executive transportation service, on top of its taxi business and the number of employees increased from 100 to 2,000. Currently, the daily volume of completed requests on Didi's platform exceeds multiple millions, which is higher than the globally combined completed requests on Uber.

Jean Liu, previously a Managing Director of Goldman Sachs' Principle Investment Area in Asia, joined Didi Dache as COO in August 2014 and led the Company's new business Didi Black, PR and branding, government relations, as well as human resources.

Cheng Wei, Founder of Didi Dache, said, "We welcome more world-class talents to join us as we continue to build a world-class enterprise. Jean Liu is the very person with the talent that we are looking for. During Jean's first half year in Didi, she completed Didi's biggest round of funding of $700 million, and led Didi Black, PR and GR teams to a new level. Jean Liu is an honest and sincere person, who has quickly become a great member of Didi and is loved by everyone."

Jean Liu added, "Thanks to all Didi fellows, especially the trust from Cheng Wei and his support during my first half year in Didi. As China's largest mobile-based transportation platform, we have the dream to transform the way people communicate and offer high quality, efficient and affordable options of commuting to people around the world. We will do even better in 2015 and we will never stop the pursuit for our dreams."

Photo - http://photos.prnewswire.com/prnh/20150204/173477

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