Cheng Wei (Will Cheng) on Founding and Origins

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 founded Didi in 2012, initially launching as taxi-hailing app Didi Dache, then merged with rival Kuaidi Dache in 2015 and acquired Uber's China operations in 2016 in exchange for an equity stake.

Founded Didi Dache in 2012 and pursued rapid growth via the 2015 Kuaidi Dache merger and 2016 Uber China acquisition.