In July 2021, Didi Chuxing finally ushered in the day of listing, but when jd.com, Alibaba and other established US listed companies returned to China, Didi chose to list in the United States, and Didi and JD.com are different, Didi Chuxing has domestic traffic route data, and even population distribution, economic mapping hotspots and other data, and was interviewed on the second day of Didi Chuxing's listing.
At the same time that Didi Chuxing was interviewed, it launched a review of Didi Chuxing's network security and data security. At the same time, measures such as removing didi Chuxing's related APPS and suspending new user registration have been taken to prevent the risk of further data leakage before safety is effectively guaranteed. After 5 months of review, Didi can finally breathe a sigh of relief, Didi Chuxing passed the safety audit, but the follow-up according to Didi's announcement shows that Didi will return to the domestic Hong Kong stock market.
In fact, as early as 2018, Didi Chuxing's market value is estimated to be 400 billion, but due to the impact of hitchhiking, Didi Chuxing has suspended its listing plan, otherwise it is likely to be listed like Meituan, and the market value may exceed trillion. In any case, Didi Chuxing is still the largest online ride-hailing company in China, and Didi's completion of the listing in the United States in July 2021 is also the wish of Liu Qing and Cheng Wei. According to Didi Chuxing's market value data, didi Chuxing's highest market value at the beginning of its listing exceeded 80 billion US dollars, equivalent to a maximum of more than 500 billion yuan, as of December 2021, Didi Chuxing's market value was 37 billion US dollars, equivalent to 230 billion yuan, after 155 days, Didi Chuxing's market value fell by 200 billion, and Liu Qing and Cheng Wei's value also shrank.
However, I think this is not a bad thing for Didi Chuxing, after all, to this extent, Didi Chuxing no longer has safety baggage, no longer has listing baggage, and what remains is how to purely operate the online ride-hailing market. Overall, the state for the online car market is still a supportive optimistic attitude, even the future of unmanned driving, unmanned car rental, etc. is also the country's key development direction, and Didi Chuxing's large-scale use of electric vehicles has also played a positive role in energy conservation and emission reduction, carbon neutrality, etc., so for Didi 230 billion instant Didi Chuxing's trough, but also the starting point of Didi Chuxing, it depends on whether Liu Qing and Cheng Wei in the future take this as a starting point, holding the mentality of the start-up Didi Chuxing to operate the entire online car market.
After returning to the domestic market, what will Didi Chuxing do next? What kind of changes will it bring to drivers and passengers? In fact, Didi Chuxing has begun to dock traffic safety data with the state as early as 2018, and after Didi Chuxing returns to the domestic listing, it will further refine the research and development investment in data security, and Didi Chuxing will focus on technical research in the field of unmanned driving. As for Didi Chuxing's express delivery business, errands business, and driving business, it will remain basically unchanged, while it will further reduce investment and reduce expenditure in additional areas on the grocery shopping platform.
Does Didi have profit baggage? According to Didi Chuxing's financial report, Didi Chuxing has achieved positive revenue in the first quarter of 2021: 3.62 billion, which means that Didi has begun to achieve profitability. Therefore, after returning to the domestic listing, there will be no profit burden, and Didi Chuxing will further narrow the scope of investment and concentrate the investment areas in the fields of shared travel, intelligent transportation, and unmanned driving.
For drivers and passengers, the change will not be very large, and for the driver side is more concerned about the proportion of the share, this point wants to adjust, the difficulty is still relatively large, especially after the listing of Didi Chuxing, adjusting the proportion means adjusting revenue and profits, and for the user side, Didi Chuxing's highest market share accounts for more than 90%, it is still difficult to further increase the market space, and even want to hold more than 90% of the proportion of the online car market. The road of Didi in the future is still very long, as the first-line enterprise of online car-hailing, will it vigorously develop driverless?