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