Cheng Wei all assets of the Chinese division of Uber, including its brand, business operations and data for operation within mainland China. Under the terms of the deal, Wei is set to become a board member of Uber and Uber's CEO also gets a seat on DiDi's board. Since the company was founded in 2012, under the leadership of Cheng Wei and Jean Liu, DiDi has grown to become one of the world’s highest valued tech start-ups. The company has evolved from a simple taxi-hailing app to taxi hailing, private car hailing, hitch (social ride-sharing), bus, minibus, chauffeur service, car rental service,
DiDi areas. Cheng Wei, having worked for Alibaba for eight years, founded Didi Dache. He was left to create his own company because he recognized that cabs were very difficult to catch, particularly during rush hour. Most importantly he missed several flights because he could not hail a cab in time. In June 2012, Orange Technology (小桔科技) was established and Didi Dache (嘀嘀打车; meaning "Beep Beep Call a Taxi"; or ; literally: "Didi Taxi Calling")- the initial incarnation of Didi Chuxing's ride-hailing service, was launched as an app for consumers to request taxis for immediate pick up by Cheng Wei. BeiJing