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Didi Chief Liu Steps Aside as Firm Rebuilds After Crackdown.
- Source :
- Bloomberg.com; 5/19/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Jean Liu, the President and board director of Didi Global Inc., is stepping down from her positions as the company tries to recover from a regulatory crackdown by the Chinese government. Liu will become a permanent partner and continue reporting to CEO Will Cheng as the chief people officer. She initiated the change to focus on long-term efforts such as talent development and social responsibility. Didi, once considered a national champion, is seeking a comeback after being fined and found to have violated laws. The company's revenue in Q4 2023 increased by 55% from the previous year. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 177324105