Didi Global Inc. co-founder Jean Liu steps down as president and board director amid regulatory crackdown.

Didi Global Inc. co-founder Jean Liu has stepped down as president and board director after nearly a decade in the roles, as the Chinese ride-hailing company faces a regulatory crackdown. Liu will become a permanent partner and continue to report to CEO Will Cheng as chief people officer, with Didi's management no longer having a president. Liu's responsibilities will not change, and she aims to focus more on the company's long-term development, including talent development and organizational building.

May 19, 2024
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