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Didi Chief Liu Steps Aside as Firm Rebuilds After Crackdown.

Authors :
Zheng, Sarah
Wong, Kiuyan
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