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DiDi Announces Board Change

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DiDi Global Inc. (NYSE: DIDI) has appointed Ms. Fengxia Liang as a new director of its board, replacing Mr. Martin Chi Ping Lau, who has resigned. Liang is currently the Associate General Counsel at Tencent Holdings and has extensive experience in law and M&A. The company expressed gratitude for Lau's contributions during his tenure. DiDi is a leading mobility technology platform providing diverse services worldwide, including ride-hailing, food delivery, and auto solutions.

Positive
  • Appointment of Fengxia Liang brings legal expertise from Tencent Holdings.
  • Diversity in board composition with new perspectives.
Negative
  • Resignation of Martin Chi Ping Lau may create uncertainty in leadership.

BEIJING--(BUSINESS WIRE)-- DiDi Global Inc. (the “Company”) (NYSE: DIDI), the world’s leading mobility technology platform, today announced that Ms. Fengxia Liang has been appointed as a director to the board of directors of the Company and Mr. Martin Chi Ping Lau has resigned from the board.

Ms. Fengxia Liang currently serves as Associate General Counsel of Tencent Holdings Limited, an internet company listed on the Hong Kong Stock Exchange (stock code: 00700). Ms. Liang joined Tencent in March 2008. Prior to joining Tencent, she worked at Deloitte as Senior Legal Counsel, and prior to that she practiced law at an Asian law firm specializing in M&A and commercial transactions. Ms. Liang received her LLM degree from University of London and LLB degree from Fudan University.

The Company would like to take this opportunity to express its gratitude to Mr. Martin Chi Ping Lau for his invaluable contributions to the Company during his tenure.

About DiDi Global Inc.

DiDi Global Inc. (NYSE: DIDI) is the world’s leading mobility technology platform. It offers a wide range of app-based services across Asia Pacific, Latin America and other global markets, including ride hailing, taxi hailing, chauffeur, hitch and other forms of shared mobility as well as auto solutions, food delivery, intra-city freight and financial services.

For investor inquiries:

DiDi Global Inc.

Tianyi Wang

Email: ir@didiglobal.com

For media inquiries:

DiDi Global Inc.

Global Communications Team

Email: globalpr@didiglobal.com

Source: DiDi Global Inc.

FAQ

Who is the new director appointed at DiDi Global Inc.?

Ms. Fengxia Liang has been appointed as a new director on the board.

What position did Martin Chi Ping Lau hold at DiDi Global Inc.?

Martin Chi Ping Lau served as a director on the board before his resignation.

What is DiDi Global Inc.'s stock symbol?

DiDi Global Inc. is listed under the stock symbol DIDI.

What company did Fengxia Liang work for before joining DiDi's board?

Fengxia Liang was previously the Associate General Counsel at Tencent Holdings.

What services does DiDi Global Inc. provide?

DiDi offers ride-hailing, food delivery, intra-city freight, and various other mobility solutions.

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