Didi Chuxing continues to diversify from its core ride-hailing business with Didi Freight, an Uber-like trucking service. Photo: Handout
Didi Chuxing continues to diversify from its core ride-hailing business with Didi Freight, an Uber-like trucking service. Photo: Handout

Ride-hailing giant Didi Chuxing close to raising US$1.5 billion for on-demand trucking unit

  • Didi Freight first launched its on-demand logistics service in Chengdu and Hangzhou in June and has since expanded to eight cities
  • The service is taking on larger rivals including Full Truck Alliance and Huolala in an already crowded market

Didi Chuxing continues to diversify from its core ride-hailing business with Didi Freight, an Uber-like trucking service. Photo: Handout
Didi Chuxing continues to diversify from its core ride-hailing business with Didi Freight, an Uber-like trucking service. Photo: Handout
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