Didi Chux­ing at­tracts 21 mil­lion driv­ers

China Daily (Canada) - - BUSINESS19 -

On-de­mand mo­bil­ity com­pany Didi Chux­ing has at­tracted more than 21 mil­lion peo­ple to drive for it, the com­pany said on Tues­day. Nearly 4 mil­lion of the driv­ers were work­ers laid-off from tra­di­tional in­dus­tries, such as iron and steel, amid China’s ca­pac­ity-cut­ting ef­forts, the com­pany said, cit­ing a re­cent sur­vey ex­am­in­ing the growth of its driver com­mu­nity. About 1.8 mil­lion were for­mer sol­diers look­ing for re-em­ploy­ment, and 2 mil­lion driv­ers were women, the com­pany said in the news re­lease. The plat­form helps gen­er­ate 170 yuan ($25.7) of per capita in­come for about 2.6 mil­lion driv­ers ev­ery day, mostly with di­verse pro­fes­sional back­grounds, work­ing on a part-time ba­sis, it said. Didi Pres­i­dent Jean Liu said last month in New York that 25 mil­lion rides took place ev­ery day via the app. Af­ter ac­quir­ing Uber’s China op­er­a­tion last year, Didi dom­i­nates the coun­try’s car-hail­ing busi­ness. buy a ma­jor­ity stake in Span­ish sports rights group Imag­ina for $1 bil­lion, the lat­est deal from deep-pock­eted Chi­nese in­vestors to trans­form the Asian coun­try into a global soc­cer pow­er­house. Imag­ina, usu­ally just known as Me­di­apro af­ter the name of one of its sub­sidiaries, has the rights to dis­trib­ute the La Liga soc­cer cham­pi­onship, Europe’s third-rich­est league. The Chi­nese pri­vate eq­uity firm had reached a pre­lim­i­nary deal with three of Imag­ina’s share­hold­ers to buy a 54 per­cent stake, Imag­ina founder and chair­man Jaume Roures told Reuters in an in­ter­view. Roures said the deal still had to be au­tho­rized by the Chi­nese gov­ern­ment, which has su­per­vised over over­seas foot­ball in­vest­ments in re­cent months, though he hoped the op­er­a­tion could be closed in early 2018. In­vest­ment Prop­erty Corp. The “Tech Town” project, which plans to house more than 3,000 high-tech com­pa­nies, will be built near Dubai’s free port Jebel Ali, the United Arab Emi­rates. Speak­ing at the China-UAE Science and Tech­nol­ogy Co­op­er­a­tion and In­no­va­tion Fo­rum at the Dubai In­vest­ment Week, David Zheng, pres­i­dent of CFIPC, said the project will “work as an in­cu­ba­tor for firms” from China, the Mid­dle East and the rest of the world to pro­duce in­no­va­tive so­lu­tions around dig­i­tal trans­for­ma­tion, ro­bot­ics and mo­bil­ity.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.