Bayshore Capital Advisors, LLC makes investment in “Didi”, a mobile technology application that is disrupting existing modes of transportation in China.
The company provides all inclusive app-based transportation services, including taxi hailing, private car calling, social ride-sharing and bike sharing. It also provides a platform for on-demand delivery services. For those that prefer to drive their own car, Didi is pioneering app-based automobile services including sales, leasing financing, maintenance, fleet operation, electric vehicle charging and co-development of vehicles with automakers.
In August 2016, Didi agreed to merge with its main competitor, Uber China. Didi completed 4.5 billion rides in 2016 and is currently the undisputed market share leader in China, a significant and growing market.
Didi is headquartered in Beijing, China.