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China tech

Ride-hailer Didi to hire 50,000 China vets a year with eye on Xi

Market leader curries favor ahead of IPO amid tech clampdown

People's Liberation Army soldiers march outside the Great Hall of the People in Beijing.   © Reuters

BEIJING -- Didi Chuxing, China's top ride-hailing company, will hire 50,000 retired soldiers each year over the next three years, expanding efforts to tackle the problem of veteran unemployment while highlighting its contributions to the Communist Party.

The company announced the plan Thursday, a day after launching a new employment center for veterans. "There are more than 1 million veterans on the Didi app, and they make up 12% of all drivers," said CEO Cheng Wei. "We want to provide vets with employment-related services."

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