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Didi Slashes UK Staff, Delays EU Rollout Until 2025 – Guardian

China’s ride-hailing giant Didi Global has cut half its UK employees and told staff plans to launch services in the UK and Europe are on hold till at least 2025, the Guardian said


A mobile photo is seen near a Didi taxi in China. Reuters image.
Didi Chuxing's coming New York IPO could be one of the biggest deals of the year

 

China’s ride-hailing giant Didi Global has cut half its UK employees and told staff plans to launch services in the UK and Europe are on hold till at least 2025, following a crackdown by Beijing, The Guardian said on Thursday.

The group had about 40 staff in London who expected to oversee the launch of a rival to Uber and Bolt, but only half will stay to work on other markets, it said.

Read the full report: The Guardian.

 

 

SEE ALSO:

 

China to Conduct Cybersecurity Review of Ride-Hailer Didi Global

 

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Iris Hong

Iris Hong is a senior reporter for the China desk, and has special interests in fintech, e-commerce, AI, and electric vehicles. She began her career in 2006 and worked for Interfax News Agency and for PayPal before joining Asia Financial in July 2020. You can reach out to Iris on Twitter at @Iris23360981

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