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- Didi Freight
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2021 | Series A | $3B |
Didi Freight Funding History
Didi Freight has raised a total of $1.5B across 1 funding round.
Didi Freight funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2021 | Series A | CPE (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 | $3B | Didi 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Lead | Jan 2021 | ||
| 1 | Lead | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
This data is available for Pro users. Sign up to see all 9 Didi Freight investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialDidi 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $5.2B | $460M | $2.9B | 0.6x | ||
| Publicly listed | $4B | $261M | $2.9B | 0.7x | ||
| Private | $211M | - | $3.3B | 15.6x | ||
| Publicly listed | $5.7B | $36M | $3.3B | 0.6x | ||
| Publicly listed | $12B | $643M | $4.1B | 0.3x | ||
| Private | $414M | - | $2B | 4.8x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.7B | $540M | 0.4x | 0.4x | 5.5x | 4.5x | |||
| $875M | $564M | 5.6x | 5.2x | 8.7x | 8.3x | |||
| $5.2B | $460M | 0.6x | 0.6x | 6.7x | 7.1x | |||
| $2B | $317M | 1.4x | 1.4x | 9.2x | 8.6x | |||
| $1.9B | $377M | 1.6x | 1.6x | 8.2x | 9.6x | |||
| $4B | $261M | 0.8x | 0.7x | 12.2x | 9.1x | |||
| $5.7B | $36M | 0.7x | 0.6x | 112.1x | 31.7x | |||
| $4.1B | $433M | 0.7x | 0.7x | 7.0x | 7.2x | |||
This data is available for Pro users. Sign up to see all Didi Freight competitors and their valuation data. Start Free Trial | ||||||||
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. |
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