Stepping in to exchange Peter Fernandez is Tony Qiu, who most not too long ago oversaw Didi’s luxurious enterprise. Before becoming a member of Didi, Qiu had stints at Morgan Stanley and Bain Capital.
This management change comes simply a few days after Didi launched its ride-hailing service in Mexico. As TechCrunch’s Jon Russell noted, Mexico is Didi’s first natural enlargement into different markets. In Brazil, Didi acquired 99 and in Taiwan, Didi used a franchise-based mannequin.
It’s not clear what is going to occur with Fernandez, however I’ve reached out to Didi to be taught extra. Prior to turning into chief govt at 99, Fernandez served as the corporate’s chief product officer for practically one 12 months. He had beforehand spent about 5 years at Google, the place he was head of YouTube and, at one level, head of cellular and social for Latin America.