Didi Freight Valuation, Funding & Investors

Didi Freight is valued at $3B as of January 2021.

Last Didi Freight valuation

$3B

Series A · Jan 2021

Last Didi Freight funding round

$1.5B

Series A · Jan 2021

Cumulative funding Didi Freight raised

$1.5B

across 1 funding round

Key investors in Didi Freight

  • IDG Capital
  • Temasek
  • YF Capital
  • CPE
  • DiDi
  • VMS Asset Management

Didi Freight Overview

About Didi Freight

Didi Freight is a Beijing-headquartered intra-city freight platform under Didi Chuxing. The service matches shippers with screened drivers offering vans, trucks, and specialized vehicles for deliveries and relocations. Fully insured shipments feature transparent pricing and GPS tracking. Didi Freight operates in major Chinese cities, focusing on e-commerce logistics and urban moving needs.


Founded

2020

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Valuation

$3B (Jan 2021)

Didi Freight Valuation

Didi Freight is currently valued at $3B, based on its Series A in January 2021.

The $1.5B round was led by CPE, IDG Capital and Temasek, with participation from YF Capital, Beijing Zhongguancun Longmen investment, VMS Asset Management, Hidden Hill Capital, DiDi and 1 other investor.

Didi Freight valuation by funding round

Didi Freight valuation by funding round
DateStageValuation
Jan 2021Series A$3B

Didi Freight Funding History

Didi Freight has raised a total of $1.5B across 1 funding round.

Didi Freight funding rounds

Didi Freight funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2021Series ACPE (lead); IDG Capital (lead); Temasek (lead); YF Capital; Beijing Zhongguancun Longmen investment; VMS Asset Management; Hidden Hill Capital; DiDi; Country Garden Venture Capital$1.5B$3BDidi Freight, the freight unit of China-based ride-hailing giant Didi Chuxing, raised $1.5B in a private equity round on January 26, 2021, led by CPE (CITIC Private Equity), IDG Capital, and Temasek Holdings, with participation from other investors including Beijing Zhongguancun Longmen, Country Garden Venture Capital, Hidden Hill Capital, VMS Asset Management, and YF Capital. The company provides short-distance intra-city logistics services.

Who has invested in Didi Freight?

9 investors have backed Didi Freight across its funding rounds, including IDG Capital, Temasek, YF Capital, CPE, DiDi and VMS Asset Management.

Lead investors include CPE, IDG Capital and Temasek.


Didi Freight Investors

Investors in Didi Freight by funding rounds participated
InvestorHQRoundsRoleFirst check
TemasekSingaporeSingapore1LeadJan 2021
YF CapitalChinaShanghai1ParticipantJan 2021
CPEChinaBeijing1LeadJan 2021
IDG CapitalChinaBeijing1LeadJan 2021
Beijing Zhongguancun Longmen investmentChinaBeijing1ParticipantJan 2021
VMS Asset ManagementHong KongHong Kong1ParticipantJan 2021
Hidden Hill CapitalChinaShanghai1ParticipantJan 2021

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Didi Freight Competitors

Didi Freight competitors include listed companies like Seino Holdings, ArcBest, RXO and Yamato Holdings, and private ones like Uber Freight and Flash Express.

Public and private companies comparable to Didi Freight
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Seino HoldingsJapanJapanPublicly listed$5.2B$460M$2.9B0.6x
ArcBestUnited StatesUnited StatesPublicly listed$4B$261M$2.9B0.7x
Uber FreightUnited StatesSan Francisco, CAPrivate$211M-$3.3B15.6x
RXOUnited StatesUnited StatesPublicly listed$5.7B$36M$3.3B0.6x
Yamato HoldingsJapanJapanPublicly listed$12B$643M$4.1B0.3x
Flash ExpressThailandBangkokPrivate$414M-$2B4.8x

Didi Freight Public Comps

Didi Freight is still privately-owned, but its public comps include Yunda Holding Group, Asyad Shipping, Seino Holdings, Kalmar Corp., Kamigumi, ArcBest, RXO, Sankyu, Delhivery and Mitsubishi Logistics.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Yunda Holding Group$7.7B$540M0.4x0.4x5.5x4.5x
Asyad Shipping$875M$564M5.6x5.2x8.7x8.3x
Seino Holdings$5.2B$460M0.6x0.6x6.7x7.1x
Kalmar Corp.$2B$317M1.4x1.4x9.2x8.6x
Kamigumi$1.9B$377M1.6x1.6x8.2x9.6x
ArcBest$4B$261M0.8x0.7x12.2x9.1x
RXO$5.7B$36M0.7x0.6x112.1x31.7x
Sankyu$4.1B$433M0.7x0.7x7.0x7.2x

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Common questions about Didi Freight

When was Didi Freight founded?Didi Freight was founded in 2020.
Where is Didi Freight headquartered?Didi Freight is headquartered in Beijing, China.
Is Didi Freight publicly listed?No, Didi Freight is a private, VC-backed company.
What is Didi Freight's valuation?Didi Freight was last valued at $3B in its Series A in January 2021.
How much funding has Didi Freight raised?Didi Freight has raised $1.5B across 1 funding round.
What was Didi Freight's last funding round?Didi Freight's last funding round was a $1.5B Series A in January 2021, led by CPE, IDG Capital and Temasek.
Who are Didi Freight's investors?Didi Freight's investors include Temasek, YF Capital, CPE, IDG Capital, Beijing Zhongguancun Longmen investment, VMS Asset Management, Hidden Hill Capital, DiDi and Country Garden Venture Capital.
Which companies are comparable to Didi Freight?Companies comparable to Didi Freight include Seino Holdings, ArcBest, Uber Freight, RXO, Yamato Holdings and Flash Express.

See companies similar to Didi Freight

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