Booking Holdings invests $500 million in DiDi Chuxing

Booking Holdings announced that it has teamed up with Chinese car-hailing giant Didi Chuxing and invested USD 500 million in Didi.

Under the strategic partnership between the two companies, DiDi and Booking Holdings will leverage their technology capabilities and local operating expertise to offer more comprehensive and personalized quality travel experiences across the world.

With the partnership, Booking Holdings' brands will have the ability to offer on-demand car service through their apps, powered by DiDi, and DiDi customers will have the option to book hotels through or Agoda.  

Todd Henrich, SVP and Head of Corporate Development for Booking Holdings, said, "DiDi has clear advantages in technology and scale in the shared mobility industry. We believe that together we can offer smarter transportation services to our brands' customers, and help DiDi's customers with seamless access to the products and services the brands in our company provide throughout the world."

Booking Holdings serves users and partners in more than 220 countries and territories through its major brands including,, KAYAK, Priceline, and OpenTable. DiDi offers a full range of app-based transportation services for over 550 million users.

Booking Holdings injected USD 450 million into Meituan in October 2017. In connection with the investment, Meituan entered into a commercial relationship with Booking Holdings’ Asia-based accommodation reservation brand, further expanding the international presence of Meituan's hotel & travel business.

As of March 31, 2018, Booking Holdings had an 8.5% stake in Ctrip, the world's second-largest online travel group by market capitalization, second only to Booking Holdings.

The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.