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Skadden Advises Didi Dache In Strategic Merger With Kuaidi Dache.

16 February, 2015

 

Didi Dache and Kuaidi Dache, two of China’s taxi-hailing mobile apps, jointly announced on 14 February 2015 that they have completed a strategic merger of the two companies. The combined company is poised to become China’s and one of the world’s largest local transportation mobile platform based on the size of user base. Mr. Wei Cheng, CEO of Didi Dache, and Mr. Dexter Chuanwei Lu, CEO of Kuaidi Dache,  will be Co-CEOs of the combined company. 

 

Skadden acted as international counsel to Didi Dache.  The Skadden team included partners Julie Gao Will Cai, Michael Gisser and tax Sean Shimamoto. 

 

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