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Reversal of Fortune: Didi Chuxing on the Defensive

By Yunan Zhang · Nov 27, 2018 3:40 PM PST

Last year, when Uber was grappling with a series of controversies that led to the ouster of founder Travis Kalanick, the president of China’s ride-hailing behemoth Didi Chuxing, Jean Liu, was being touted as an executive role model. What a difference a year makes.

Even as a new CEO at Uber has calmed the waters at that company, Didi has been plunged into its own drama that has squeezed ...