Cheng Wei
Cheng Wei 程维 | |
|---|---|
![]() Cheng in 2017 | |
| Born | 19 May 1983 Shangrao, China |
| Education | Beijing University of Chemical Technology |
| Occupation | Businessman |
| Known for | Founder, chairman and CEO of DiDi Founder of Beijing Xiaoju Technology Ltd. |
Cheng Wei (simplified Chinese: 程维; traditional Chinese: 程維; pinyin: Chéng Wéi; born 19 May 1983) is a Chinese businessman.[1] He is the founder, chairman and CEO of DiDi, a Chinese mobile transportation platform with global operations.[2] In 2012, after eight years at Alibaba Group's regional and Alipay's operations, Cheng founded Beijing Xiaoju Technology Co Ltd in Zhongguancun.[3]
Biography
Cheng was born in 1983 in Jiangxi, China.[1] He received a bachelor's degree in administration from Beijing University of Chemical Technology.[4][5][1]
After graduation, Cheng served as an assistant to a chairman at a foot massage company. About one year later, Cheng applied to join Alibaba as a sales person for its business-to-business e-commerce service in 2005.[1]
For six years at Alibaba, Cheng served as a sales manager for the northern region of China. He later moved to China's largest third-party online payment platform, Alipay, where he was soon promoted to the position of regional manager.[4][6]
In 2012, Cheng left Alibaba to found Beijing Xiaoju Technology Co and launch Didi Dache—translated to "Beep Beep Call a Taxi"—as the initial incarnation of his ride-hailing service.[1]
In 2014, Cheng hired Jean Liu (Liu Qing), a former Goldman Sachs Asia managing director, as the COO of the company.[6]
In February 2015, the company merged with its rival Kuaidi Dache and was renamed Didi Kuaidi (later renamed Didi Chuxing or "DiDi").[7]
In August 2016, DiDi acquired all assets of the Chinese division of Uber.[8]
Recognition
Fortune named Cheng to its "40 Under 40" list in 2015[9] and selected him as one of its "Businessperson of the Year" honorees in 2016.[10] The same year, Forbes Asia named him its Businessman of the Year,[11] and Wired included him on the Wired 100.[12] In 2017, Time placed him on its list of the 20 most influential people in technology.[13]
References
- ^ a b c d e Stone, Brad; Chen, Lulu Yilun (October 6, 2016). "Uber Has Always Looked Unstoppable. Then It Went to China". Bloomberg. Retrieved 2016-10-10.
- ^ 宋丽. "Didi Chuxing receives $600m investment from China Life Insurance - Business - Chinadaily.com.cn". www.chinadaily.com.cn. Retrieved 2016-10-05.
- ^ Beijing, Paul Carsten (2016-08-11). "Didi's Cheng Wei: Chinese patriot who tamed Uber". Reuters. Retrieved 2016-10-07.
- ^ a b Kong, Eva Dou in Beijing and Juro Osawa in Hong (2016-08-17). "How Uber Rival's Founder Won Friends and Influenced Beijing". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-10-09.
- ^ "Cheng Wei". Executives in technology. Retrieved 13 June 2019.
- ^ a b "The Early Wisdom of Didi Founder Cheng Wei". The Wall Street Journal. Retrieved 2016-10-10.
- ^ Wong, Gillian (2015-02-14). "Tencent, Alibaba-Backed Chinese Taxi-Hailing Apps to Merge". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-10-09.
- ^ Beijing, Alyssa Abkowitz in; Kong, Rick Carew in Hong (1 August 2016). "Uber Sells China Operations to Didi Chuxing". Wall Street Journal. Retrieved 7 October 2016.
- ^ "Fortune's 2016 40 Under 40". 2016-09-22. Archived from the original on 2016-08-12. Retrieved 2016-10-05.
- ^ "Cheng Wei". Fortune. 2016-11-10. Archived from the original on 2017-03-04. Retrieved 2017-03-04.
- ^ Wang, Yue. "Didi's Cheng Wei Is Forbes Asia's 2016 Businessman Of The Year". Forbes. Retrieved 2017-03-04.
- ^ "The Wired 100". Wired. Retrieved 2016-10-05.
- ^ Pullen, Lisa Eadicicco, Alex Fitzpatrick, Matt Peckham, John Patrick. "The 20 Most Influential People in Tech Right Now". Time. Retrieved 2017-10-08.
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