Didi Dache and Kuaidi Dache completed its merger.

Synopsis

Didi Dache and Kuaidi Dache, two of China’s leading taxi-hailing apps, completed a merger to create one of the world’s largest smartphone-based transport services. Financial terms were not disclosed.

Principals

target

Kuaidi Dache

bidder

Didi Dache

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Market Context

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Seller Team (2)

katie sudol

Partner at Simpson Thacher & Bartlett

Lawyer

target

Deals

£ 110.72 B

Total Value

dexter chuanwei lu

CEO at KUAIDI DACHE

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

wei cheng

CEO at DIDI DACHE

Manager

bidder

Deal

n/a

Total Value

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