Didi’s daily active users plunge 30 per cent, Financial Times reports, indicating data probe has dealt heavy blow
- Didi’s average daily active users dropped to 10.9 million in August from 15.6 million in June, according to third-party data
- The ride-hailing giant has not provided any operating data since it issued its listing prospectus as probe remains ongoing
Didi Chuxing’s daily active users (DAUs) dropped about 30 per cent since the ride-hailing giant’s initial public offering in New York in late June, which triggered a data security probe, the Financial Times reported citing data from a Shenzhen-based provider.
Didi’s average daily active users dropped to 10.9 million in August from 15.6 million in June, while some of its smaller rivals either increased their user numbers or saw them fall by a smaller proportion, the FT reported on Thursday, based on figures from Aurora Mobile. Aurora declined to provide the data when contacted by the South China Morning Post.
The data only reflects the performance of the company’s main ride-hailing app Didi Chuxing and does not cover its mini app on WeChat, the social media platform run by Tencent Holdings.
In early July, 25 apps from Didi were removed from app stores in China and the country’s dominant ride-hailing firm was also ordered to stop registering new users after internet watchdog the Cyberspace Administration of China initiated a data security probe.
The operating data, if confirmed, would indicate the probe has dealt a heavy blow to Didi’s business fundamentals.
