Didi Kuaidi dives into car-pooling market

Didi Kuaidi, the nation's largest taxi-hailing app provider by market share, launched a car-pooling service on Monday in Beijing, the latest effort to expand its presence in the country's transportation sector.

As the second new service launched after the merger of Didi and Kuaidi, the company said the ride-sharing service will initially be available on Didi's platform. The service will expand to 26 cities within this month, the company said in a press release.

"Based on the massive data we have accumulated in the past three years, we can match users and ideal drivers within seconds. That is why we were confident enough to offer the new service," said Liu Qing, president of Didi Kuaidi.