BUSINESS Didi acquisition to create new auto solutions platform

BUSINESS

Didi acquisition to create new auto solutions platform

shine.cn

22:17, August 14, 2018

Didi Chuxing's auto solutions platform, Xiaoju Automobile Solutions, has acquired online-to-offline auto after-service provider Hiservice for an undisclosed amount. 

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Photos: Shine.cn

Hiservice will merge with Xiaoju Automobile Solutions' maintenance and repair unit and will use the brand name Xiaoju Auto Care. 

“The two companies share the same understanding and vision that aims to make car-owning a more enjoyable experience with value-adding services,” said Chen Xi, general manager of Xiaoju Automobile Solutions.

Earlier this month, Didi announced that its auto solutions platform is upgrading to become Xiaoju Automobile Solutions, with new investment of US$1 billion from the parent company. 

Xiaoju Auto Care is seeking to provide more tailor-made services for car-owners as Didi aims to shift focus from its car-hailing business towards linking service providers that cover the whole industry chain in the automobile business. 

The new business group will be co-led by head of Didi's auto care unit, Yi Yinbo, along with Hiservice founder Qian Cheng. 

After combining with three-year-old Hiservice, Xiaoju Auto Care will cover 28 offline stores in seven cities. 

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