Founded ride-hailing app Didi Dache in 2012, grew it via a 2015 merger with rival Kuaidi Dache and the 2016 acquisition of Uber's China operations, then led the company through a 2021 NYSE IPO, a subs
THE RECORD
Founded ride-hailing app Didi Dache in 2012, grew it via a 2015 merger with rival Kuaidi Dache and the 2016 acquisition of Uber's China operations, then led the company through a 2021 NYSE IPO, a subsequent year-long Chinese cybersecurity probe, a $1.2 billion fine, and a 2022 NYSE delisting.
SELECTED PUBLIC REFERENCES
2026 · Investor/Pass Founder Ledger
Cheng Wei — Founder Ledger Overview
Cheng Wei — founder profiled in the Chinese Founder Ledger — is documented as follows: founded ride-hailing app Didi Dache in 2012, grew it via a 2015 merger with rival Kuaidi Dache and the 2016 acquisition of Uber's China operations, then led the company through a 2021 NYSE IPO, a subsequent year-long Chinese cybersecurity probe, a $1.2 billion fine, and a 2022 NYSE delisting. The profile is grounded in the 2 sources indexed for this founder.
Cheng Wei's role is documented as: founder of Didi (2012); current title not confirmed via a primary source in this pass Wikipedia (via the DiDi company article) reports the company was permitted to resume new user registrations in China in early 2023 following regulatory review; Cheng's specific current title was not confirmed via a primary source in this pass -- flagged unconfirmed.
Will（Founder, Chairman and CEO of Didi Chuxing）_Baiduwiki
Cheng Wei's Didi 30, 2020, Will Cheng stepped down from his positions as the legal representative and executive director of the former Uber China operating entity.
How DiDi's Founder and CEO Cheng Wei Revolutionized Travel in China
Cheng Wei's Didi is the CEO of Didi Chuxing Technology Co – one of China's largest private car hailing, taxi hailing and bike sharing transportation services.
China fines Didi Global US$1.2 billion, ends year-long probe
Didi conducted an NYSE IPO on June 30, 2021; days later, Chinese regulators (the Cyberspace Administration of China) opened a cybersecurity investigation citing data-security and privacy concerns, and Didi's apps were subsequently removed from domestic app stores.
China fines Didi Global US$1.2 billion, ends year-long probe
In July 2022 the Cyberspace Administration of China imposed an 8.026 billion yuan (approximately $1.2 billion) fine on Didi Global for data violations, ending the year-long probe; senior executives Cheng Wei and Jean Liu Qing were each personally fined 1 million yuan.
China fines Didi Global US$1.2 billion, ends year-long probe
The Cyberspace Administration of China fined Didi Global 8.026 billion yuan (~$1.2 billion) in July 2022 for data-security violations, fined Cheng Wei and Jean Liu Qing 1 million yuan each personally, and the company delisted from the NYSE in June 2022 before regaining permission to resume new user registrations in China in early 2023.