Didi Liuqing: Online car-hailing orders resumed over 60%, core business has been profitable

Didi Liuqing: Online car-hailing orders resumed over 60%, core business has been profitable
In the morning of May 7, Liu Di, president of Didi, said in an interview with CNBC that Didi ‘s domestic ridership has recovered 60% to 70%. Didi currently has no plans to lay off staff or raise funds.Liu Qing said that at present, Didi’s ride volume in China has reached 60% to 70% of the level before the outbreak of the new coronavirus, which is five times the February low.Despite this, Didi continued to implement early and complete disinfection and sanitary protection measures.Regarding the strategy to deal with the epidemic, Liu Qing said that this is an unprecedented challenge, but Didi ‘s major reform of the safety system in 2018 and 2019, including investment in online technology and offline driver management system, is in the fight against epidemicPlayed a key role.At present, global car-hailing companies have been hit by outbreaks.In the United States, Lyft said last month it would lay off 982 employees.Uber today announced a 14% job cut involving 3,700 employees.In this regard, Liu Qing said that Didi currently has no plans to lay off staff or raise funds, and will focus on improving efficiency and building a “flexible and pragmatic, continuous innovation, anti-fragile organization.”Although the business is affected by the epidemic, Didi ‘s long-term potential and strategic judgment remain unchanged.”Didi’s balance sheet is very powerful.”” Liu Qing said that Didi ‘s core business has been profitable before the epidemic, and Didi believes that profitability is a strategic choice. Didi will continue to invest in the construction of safety systems, and artificial intelligence, autonomous driving, etc. will reshape the industrySafe new technology.Sauna, Ye Wang Chen Weicheng Editor Yue Caizhou Proofreading Wei Zhuo