Transportation
Didi’s President Liu Relinquishes Title as Firm Rebuilds
- Liu will become permanent partner, internal letter says
- Company’s management will no longer have position of president
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Didi Global Inc. President Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.
Liu, a director and president of the company since December 2014, will become a permanent partner and continue to report to Chief Executive Officer Will Cheng as chief people officer, according to an internal letter to employees on Sunday. Didi’s management will no longer have a president and Liu’s responsibilities will not change, it said.