BEIJING (Reuters) - Chinese ride-hailing giant Didi Chuxing, which is backed by SoftBank, Alibaba (NYSE:BABA) and Tencent, said on Friday that 3.1% of passenger fees for rides will go towards its profit last year.
Drivers can on average get 79.1% of what customers pay for a ride, Didi posted on WeChat. This is the first time it offers details of its income structure from ride-hailing services in 2020.
It added that it would adjust its pricing strategy after receiving driver's advises. Didi also operates other businesses including sharing bikes, grocery and logistics services.
Nine-year-old Didi Didi Chuxing has mandated Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) to lead its blockbuster initial public offering in New York, sources told Reuters.
Didi's CEO Cheng Wei said last year the company aimed to complete 100 million orders a day and have 800 million monthly active users globally by 2022.