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General Information

Websitexiaojukeji.com
CategoryTransportation
Phone400-000-1999
Employees
Founded9/2012

Offices

Didi-Dache
Beijing Room 937 A Block, e world Zhongguancun Street
Haidian District, Block No. 11
Beijing, CHN

People

Co-Founder &CEO

Funding

TOTAL $117M
FUNDING TOTAL $117M
Series A, 9/2012
GSR Ventures
$2M
Series B, 2013
Tencent Industry Win-Win Fund
$15M
Series C, 1/2014
CITIC Capital Holdings
Tencent Industry Win-Win Fund
$100M

Tags

Didi-Dache

Didi-Dache, a popular taxi-hailing smartphone app which is believed to be created by Tencent, has recently emerged and more than 700 taxi drivers in the city have installed the app.

The app shows the real-time locations of taxis on a map using the GPS technology and enables users to hail a taxi on their smartphone. The users’ request will be sent to proximate cab drivers who will decide whether to accept the order or not.

The app is very useful during off-peak periods when most taxis are idle. During rush hour, hiring a cab can still be challenging. The app also enables passengers to catch a cab during peak hours by paying extra fees or tips. In December 2012, the rate of successful taxi-hails was 50 percent during peak traffic periods and 80 percent during non-peak times.

Didi-Dache, which was just released in September 2012 and is very popular in Beijing and Guangzhou, has been downloaded five million times. It has received $15 million, at a valuation of $60 million, from Tencent, who will take 20% stake in the company.

Recent Milestones

  • Dollar
    Didi-Dache received $100M in Series C funding. (1/2/14)
    Posted 1/1/14 at 11:15pm via technode.com
  • Check
    Didi-Dache — Chinese Taxi App Didi Reportedly Raising $100 million Funding (12/25/13)
    Posted 12/25/13 at 11:05pm via technode.com
  • Dollar
    Didi-Dache received $15M in Series B funding. (1/1/13)
    Posted 1/1/14 at 11:16pm via technode.com
  • Dollar
    Didi-Dache received $2M in Series A funding. (9/1/12)
    Posted 1/4/14 at 1:10am
  • Check
    Didi-Dache added Wei Cheng as Co-Founder &CEO.
    Posted 1/4/14 at 6:29am

Videos

Screenshots

Didi-Dache screenshot
Above: Didi-Dache Screenshot -- #1
Uploaded: 2/11/14

Sources

  1. Citation Needed [add]
  2. Chinese Taxi App Didi Secured $100 million in Series C Funding (technode.com) [edit]
  3. Chinese Taxi App Didi Secured $100 million in Series C Funding (technode.com) [edit]
  4. Chinese Taxi App Didi Reportedly Raising $100 million Funding (technode.com) [edit]
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Last Edited 3/11/14

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