Cheng Wei

About Cheng Wei

Who is it?: Founder and CEO, Didi Chuxing
Birth Day: May 19, 1983
Birth Place: Beijing, China, China
Birth Sign: Gemini
Alma mater: Beijing University of Chemical Technology
Occupation: Business executive
Known for: Founder and CEO of Didi Chuxing

Cheng Wei Net Worth

Cheng Wei was bornon May 19, 1983 in Beijing, China, China, is Founder and CEO, Didi Chuxing. Cheng Wei chairs CEO ride-hailing firm Didi Kuaidi. Didi was formed in 2015 when Cheng's company Didi Dache merged with Alibaba-backed competitor Kuaidi Dache. Before founding Didi Dache, Cheng worked at Alibaba and was vice president for Alibaba's online payment service Alipay.
Cheng Wei is a member of Service

💰 Net worth: $1.2 Billion (Updated at 22 June 2018)

Some Cheng Wei images

Biography/Timeline

1983

Will was born in 1983 in Shangrao, a city located in the southeastern province of Jiangxi. He received a bachelor's degree in administration from Beijing University of Chemical Technology.

2005

After graduation, Will served as an assistant to a chairman at a foot massage company. He soon found that the job was not quite what he had expected, and, about one year later, applied to join Ali Baba as a sales person for its business-to-business e-commerce Service in 2005.

2012

Since the company was founded in 2012, under the leadership of Cheng Wei and Jean Liu, DiDi has grown to become one of the world’s highest valued tech start-ups. The company has evolved from a simple taxi-hailing app to become China’s largest one-stop mobile transportation Service platform, offering comprehensive mobility solutions for close to 440 million users across over 400 cities, including taxi hailing, private car hailing, hitch (social ride-sharing), bus, minibus, chauffeur Service, car rental Service, enterprise solutions and bike-sharing Service.

2014

Will is among those advocating that China needs to focus intensely on AI. Speaking to government officials and administrators in May, he said the first half of the internet age—in which companies raced to connect computing machines with people—has finished. "The second half is about artificial intelligence," he said. DiDi has established a big data research center to focus on AI technologies including machine learning and computer vision, which will optimize its dispatch system and route planning. A few hundred Scientists work on the deep-learning technologies. At this stage, Will said that the company is investing a lot of resources in research and is keen to recruit and retain top talent to build its self-driving cars and to make itself become one of the top Technology companies in the world.

2015

He was one of the "Top 10 Economic Influencers of China in 2015" recognized by Sina.com.

2016

Will released his book, "DiDi: the sharing economy is changing China", co-authored by Jean Liu and Zhang Xiaofeng, and published by Posts & Telecom Press in June 2016.

2019

He was also selected on TIME’s 20 Most Influential People in Tech list, Vanity Fair's 2017 New Establishment list and Fortune's 40 under 40 list together with Jean Liu, President of DiDi.