title
The David Rubenstein Show: Didi President Jean Liu

description
Apr.18 -- Didi Chuxing President Jean Liu talks about and how the company protecting drivers and passengers, why she left Goldman Sachs as a managing director, the future of autonomous driving and why empowering women is so important at Didi. She sits down on the latest episode of "The David Rubenstein Show: Peer-to-Peer Conversations." The interview was recorded at the New Economy Forum in Beijing on Nov. 22, 2019.

detail
{'title': 'The David Rubenstein Show: Didi President Jean Liu', 'heatmap': [{'end': 632.997, 'start': 602.384, 'weight': 1}], 'summary': "Discusses jean liu's leadership at didi, its growth and global market strategies, a tech entrepreneur's journey, didi's journey from 2012 to 2014, challenges in leading a global business, and women's career challenges and empowerment, highlighting didi's success in serving 10 billion trips a year and creating income for tens of millions of drivers.", 'chapters': [{'end': 185.263, 'segs': [{'end': 132.072, 'src': 'embed', 'start': 99.913, 'weight': 0, 'content': [{'end': 103.396, 'text': 'Didi today is the largest single ride-hailing company in the world.', 'start': 99.913, 'duration': 3.483}, {'end': 107.919, 'text': 'The person running that company is a young woman from China named Jean Liu.', 'start': 104.036, 'duration': 3.883}, {'end': 112.323, 'text': "She rose up because of her intellect or hard work, and now she's the president of Didi.", 'start': 108.3, 'duration': 4.023}, {'end': 114.124, 'text': "It's an incredible success story.", 'start': 112.683, 'duration': 1.441}, {'end': 118.948, 'text': 'She is one of the best-known women business leaders in China, an extremely intelligent,', 'start': 114.364, 'duration': 4.584}, {'end': 123.91, 'text': 'articulate person who is clearly going to make this company even more successful as she continues to lead it.', 'start': 118.948, 'duration': 4.962}, {'end': 132.072, 'text': "We're here with Jean Liu, who is the president of Didi,", 'start': 124.83, 'duration': 7.242}], 'summary': 'Jean liu, president of didi, is the largest ride-hailing company, leading it to further success.', 'duration': 32.159, 'max_score': 99.913, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM99913.jpg'}], 'start': 5.362, 'title': "Jean liu's leadership at didi", 'summary': "Highlights jean liu's journey from private equity to leading didi, the largest mobile transportation company in china, serving 10 billion trips a year and competing with 30 players to become the world's largest ride-hailing company, with a focus on hard work and strategy. didi's success under jean liu's leadership positions her as one of the best-known women business leaders in china.", 'chapters': [{'end': 185.263, 'start': 5.362, 'title': 'Jean liu: president of didi', 'summary': "Highlights jean liu's journey from private equity to leading didi, the largest mobile transportation company in china, serving 10 billion trips a year and competing with 30 players to become the world's largest ride-hailing company, with a focus on hard work and strategy. despite initial skepticism, didi's success under jean liu's leadership is a testament to her intelligence and articulate leadership, positioning her as one of the best-known women business leaders in china.", 'duration': 179.901, 'highlights': ["Jean Liu's leadership at Didi, providing 10 billion trips a year and serving various needs, positioning Didi as the largest single ride-hailing company in the world. Jean Liu's leadership at Didi has resulted in providing 10 billion trips a year and serving all different types of need, positioning Didi as the largest single ride-hailing company in the world.", "Didi's success and Jean Liu's leadership, despite initial skepticism, making her one of the best-known women business leaders in China. Didi's success and Jean Liu's leadership, despite initial skepticism, making her one of the best-known women business leaders in China.", "Didi's strategy of hard work and launching four business lines in three months, enabling it to become the largest mobile transportation company in China and one of the largest in the world. Didi's strategy of hard work and launching four business lines in three months, enabling it to become the largest mobile transportation company in China and one of the largest in the world."]}], 'duration': 179.901, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM5362.jpg', 'highlights': ["Jean Liu's leadership at Didi, providing 10 billion trips a year and serving various needs, positioning Didi as the largest single ride-hailing company in the world.", "Didi's strategy of hard work and launching four business lines in three months, enabling it to become the largest mobile transportation company in China and one of the largest in the world.", "Didi's success and Jean Liu's leadership, despite initial skepticism, making her one of the best-known women business leaders in China."]}, {'end': 583.067, 'segs': [{'end': 279.3, 'src': 'embed', 'start': 229.952, 'weight': 0, 'content': [{'end': 235.175, 'text': 'right, we have hundreds of millions of users, right every month?', 'start': 229.952, 'duration': 5.223}, {'end': 236.795, 'text': 'yeah, hundreds of millions of users.', 'start': 235.175, 'duration': 1.62}, {'end': 239.657, 'text': 'But you have more users every month than Uber has.', 'start': 236.835, 'duration': 2.822}, {'end': 240.037, 'text': 'Yes, yes.', 'start': 239.677, 'duration': 0.36}, {'end': 240.817, 'text': 'Is that right? Definitely.', 'start': 240.097, 'duration': 0.72}, {'end': 248.881, 'text': 'And today, what are your other businesses? When talked about Uber, first of all, I have to say we are very thankful for the competition.', 'start': 241.398, 'duration': 7.483}, {'end': 258.827, 'text': 'It makes us better and stronger, and when Uber first came to China, their war chest was bigger than our market cap.', 'start': 248.901, 'duration': 9.926}, {'end': 265.632, 'text': 'So because of competition, it helped us to push ourselves to launch different product lines.', 'start': 259.728, 'duration': 5.904}, {'end': 274.939, 'text': 'So starting from taxi, we launched the private cars in different price and black Premier and Express line.', 'start': 265.832, 'duration': 9.107}, {'end': 279.3, 'text': 'And then later we have Hitch, which is a social carpooling product.', 'start': 275.419, 'duration': 3.881}], 'summary': 'The company has hundreds of millions of users, surpassing uber, and competition has driven them to launch various product lines.', 'duration': 49.348, 'max_score': 229.952, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM229952.jpg'}, {'end': 346.522, 'src': 'embed', 'start': 304.514, 'weight': 2, 'content': [{'end': 311.895, 'text': "Have you been very successful outside of China so far? I wouldn't call, you know, we are very successful.", 'start': 304.514, 'duration': 7.381}, {'end': 313.316, 'text': "I think it's very encouraging.", 'start': 311.995, 'duration': 1.321}, {'end': 314.938, 'text': 'We see very encouraging results.', 'start': 313.356, 'duration': 1.582}, {'end': 318.381, 'text': 'We are in Brazil, Mexico, Colombia.', 'start': 315.338, 'duration': 3.043}, {'end': 320.043, 'text': 'We are in the Latin market.', 'start': 318.441, 'duration': 1.602}, {'end': 323.886, 'text': 'And we are just entering into Australian market and Japan market.', 'start': 320.503, 'duration': 3.383}, {'end': 329.251, 'text': 'How do you have to change everything for the different markets, the different qualities you have to bring to the table?', 'start': 324.147, 'duration': 5.104}, {'end': 332.835, 'text': 'How do you make your service better for each of these individual countries?', 'start': 329.312, 'duration': 3.523}, {'end': 337.997, 'text': 'I think we provide our service to the local people by combining two things.', 'start': 333.174, 'duration': 4.823}, {'end': 346.522, 'text': 'One is our global technology architecture and then local innovation, right? So we tailor make products for different market.', 'start': 338.477, 'duration': 8.045}], 'summary': 'Expanding into brazil, mexico, colombia, with plans for australia and japan. tailoring products for different markets with global technology and local innovation.', 'duration': 42.008, 'max_score': 304.514, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM304514.jpg'}, {'end': 409.933, 'src': 'embed', 'start': 383.928, 'weight': 4, 'content': [{'end': 388.309, 'text': 'Now, the United States and China have a trade dispute that has been going on for a while.', 'start': 383.928, 'duration': 4.381}, {'end': 391.15, 'text': 'Does that affect your business in one way or another?', 'start': 388.869, 'duration': 2.281}, {'end': 399.271, 'text': "To be honest, that doesn't really impact our business, because we are, you know, we are supported by our local passengers and drivers.", 'start': 392.39, 'duration': 6.881}, {'end': 406.613, 'text': 'However, you know, I would think you know we have been benefited from trading and sharing over years, right?', 'start': 399.751, 'duration': 6.862}, {'end': 409.933, 'text': "And you know it's unfortunate to see this.", 'start': 406.733, 'duration': 3.2}], 'summary': 'Us-china trade dispute has no impact on local business, but benefits from trading and sharing over years.', 'duration': 26.005, 'max_score': 383.928, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM383928.jpg'}, {'end': 465.936, 'src': 'embed', 'start': 443.847, 'weight': 5, 'content': [{'end': 452.751, 'text': "Are you thinking of going public and are you losing money or are you making money? Well, we do have a specific IPO timetable, let's put it that way.", 'start': 443.847, 'duration': 8.904}, {'end': 456.813, 'text': "And back to the Uber point, I'm sure it's temporary and they will go through it.", 'start': 453.191, 'duration': 3.622}, {'end': 459.874, 'text': 'Thera is a very diligent CEO and very experienced.', 'start': 457.153, 'duration': 2.721}, {'end': 465.936, 'text': 'For us, we think profitability is natural result of the value you really create.', 'start': 460.314, 'duration': 5.622}], 'summary': 'Company has a specific ipo timetable and believes profitability is a natural result of value created.', 'duration': 22.089, 'max_score': 443.847, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM443847.jpg'}, {'end': 515.875, 'src': 'embed', 'start': 488.724, 'weight': 6, 'content': [{'end': 493.787, 'text': 'The average age of your ride share customers is what? Is it below 30 or? Yeah, 20 to 30.', 'start': 488.724, 'duration': 5.063}, {'end': 494.468, 'text': '20 to 30.', 'start': 493.787, 'duration': 0.681}, {'end': 501.111, 'text': 'Actually, a lot of them are students from college or just, you know, McKinsey third year analyst.', 'start': 494.468, 'duration': 6.643}, {'end': 507.429, 'text': "So people who are 50, 60 or 70, they're not your target audience as much? No, they are actually.", 'start': 501.472, 'duration': 5.957}, {'end': 513.053, 'text': 'We definitely want to make our technology more accessible to everyone.', 'start': 507.849, 'duration': 5.204}, {'end': 515.875, 'text': 'Back to the question of your profitability.', 'start': 514.054, 'duration': 1.821}], 'summary': "Ride share customers' age is 20-30, including older demographics. company aims for accessibility and profitability.", 'duration': 27.151, 'max_score': 488.724, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM488724.jpg'}, {'end': 561.127, 'src': 'embed', 'start': 534.951, 'weight': 7, 'content': [{'end': 543.116, 'text': 'Actually, I think it will take huge commitment for autonomous technology to mature technology-wise and also commercial-wise.', 'start': 534.951, 'duration': 8.165}, {'end': 553.241, 'text': 'Any company who wants to succeed in that field needs to be prepared to spend money and human resources into it.', 'start': 544.256, 'duration': 8.985}, {'end': 557.384, 'text': 'We want to attract the top talent and make it independent.', 'start': 553.462, 'duration': 3.922}, {'end': 561.127, 'text': 'people feel we want to join this as a young company.', 'start': 558.144, 'duration': 2.983}], 'summary': 'Autonomous technology requires huge commitment for maturity in technology and commerce, attracting top talent and resources.', 'duration': 26.176, 'max_score': 534.951, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM534951.jpg'}], 'start': 185.791, 'title': "Didi's growth and global market strategies", 'summary': "Covers didi's growth, competition with uber, expansion into other markets with hundreds of millions of users, and tailoring products to different markets. it also delves into the impact of the us-china trade dispute on its business and highlights didi's profitability in the core business and cautious approach towards autonomous technology.", 'chapters': [{'end': 323.886, 'start': 185.791, 'title': "Didi's growth and competition", 'summary': "Discusses didi's growth, competition with uber, and its expansion into other markets, with hundreds of millions of users and presence in multiple countries.", 'duration': 138.095, 'highlights': ["Didi has hundreds of millions of users every month, surpassing Uber's user base. Didi boasts hundreds of millions of users every month, surpassing Uber's user base, showcasing its significant market presence and growth.", 'Didi offers more than 10 services to its users, including taxi, private cars, carpooling, bikes, and electric bikes. Didi provides a diverse range of services, including taxi, private cars, carpooling, bikes, and electric bikes, catering to the varied needs of its user base.', "Didi is expanding its business outside of China, with a presence in Brazil, Mexico, Colombia, Australia, and Japan. Didi's expansion into markets like Brazil, Mexico, Colombia, Australia, and Japan demonstrates its ambition and progress in building its business outside of China."]}, {'end': 422.745, 'start': 324.147, 'title': 'Global market strategies and trade disputes', 'summary': "Discusses the importance of tailoring products to different markets, the company's approach of combining global technology with local innovation, and the impact of the us-china trade dispute on its business, highlighting the lack of impact and the company's hope for resolution.", 'duration': 98.598, 'highlights': ["The company tailors its products for different markets by combining global technology architecture with local innovation, unlike other companies that use a 'copy paste' approach, emphasizing the importance of adapting to diverse market needs.", "The US-China trade dispute does not significantly impact the company's business, as it is supported by local passengers and drivers, but the company expresses hope for a resolution, indicating resilience and adaptability to geopolitical issues.", 'The company emphasizes the importance of bringing user value and differentiation, rather than solely competing on pricing, highlighting its focus on providing unique offerings and value to users in various markets.', 'The company provides an English version of its service in China, indicating its commitment to catering to international users and overcoming language barriers for tourists.']}, {'end': 583.067, 'start': 422.946, 'title': "Didi's profitability and future plans", 'summary': "Discusses didi's profitability and future plans, highlighting its profitability in the core business, focus on accessibility, and cautious approach towards autonomous technology.", 'duration': 160.121, 'highlights': ['Didi is profitable in its core business, an aspect that sets it apart from companies like Uber, which is losing a significant amount of money annually.', 'Didi targets a younger demographic, with a significant portion of its ride share customers being in the 20-30 age range, including college students and young professionals.', 'The company is cautious about autonomous technology, recognizing the need for significant commitment and resources to mature technology-wise and commercially, and highlights the advantage of its large network and data for geofencing autonomous cars.']}], 'duration': 397.276, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM185791.jpg', 'highlights': ["Didi boasts hundreds of millions of users every month, surpassing Uber's user base, showcasing its significant market presence and growth.", 'Didi provides a diverse range of services, including taxi, private cars, carpooling, bikes, and electric bikes, catering to the varied needs of its user base.', "Didi's expansion into markets like Brazil, Mexico, Colombia, Australia, and Japan demonstrates its ambition and progress in building its business outside of China.", 'The company tailors its products for different markets by combining global technology architecture with local innovation, emphasizing the importance of adapting to diverse market needs.', "The US-China trade dispute does not significantly impact the company's business, as it is supported by local passengers and drivers, but the company expresses hope for a resolution, indicating resilience and adaptability to geopolitical issues.", 'Didi is profitable in its core business, an aspect that sets it apart from companies like Uber, which is losing a significant amount of money annually.', 'Didi targets a younger demographic, with a significant portion of its ride share customers being in the 20-30 age range, including college students and young professionals.', 'The company is cautious about autonomous technology, recognizing the need for significant commitment and resources to mature technology-wise and commercially, and highlights the advantage of its large network and data for geofencing autonomous cars.']}, {'end': 705.835, 'segs': [{'end': 665.781, 'src': 'heatmap', 'start': 602.384, 'weight': 0, 'content': [{'end': 604.366, 'text': 'Could I do that today? Not really.', 'start': 602.384, 'duration': 1.982}, {'end': 605.087, 'text': 'No? No.', 'start': 604.546, 'duration': 0.541}, {'end': 620.094, 'text': 'Looking through your background, your father is well known in the business world in China.', 'start': 616.493, 'duration': 3.601}, {'end': 621.634, 'text': 'He was the founder of Lenovo.', 'start': 620.134, 'duration': 1.5}, {'end': 628.216, 'text': 'Yes And did he say to you, you need to go into some kind of computer related thing when you grow up? Not really.', 'start': 622.195, 'duration': 6.021}, {'end': 629.717, 'text': "He didn't? No, not really.", 'start': 628.236, 'duration': 1.481}, {'end': 632.997, 'text': "He didn't put any pressure on you to get into the business world? Not at all, not at all.", 'start': 629.737, 'duration': 3.26}, {'end': 634.898, 'text': 'So you went to Peking University? Yes.', 'start': 633.097, 'duration': 1.801}, {'end': 637.419, 'text': 'And you majored in computer science? Yes, yes.', 'start': 635.178, 'duration': 2.241}, {'end': 642.24, 'text': 'Okay, so after you graduated, and let me ask you in Peking University,', 'start': 637.519, 'duration': 4.721}, {'end': 645.921, 'text': 'is it like the United States where there are more men than women in computer science?', 'start': 642.24, 'duration': 3.681}, {'end': 648.998, 'text': 'In our class there were 36 students.', 'start': 646.797, 'duration': 2.201}, {'end': 650.298, 'text': '30 of them were men.', 'start': 649.578, 'duration': 0.72}, {'end': 657.659, 'text': 'Okay You graduated, presumably you did well, but then you decided to leave China to go to a school in the United States, Harvard.', 'start': 650.698, 'duration': 6.961}, {'end': 661.88, 'text': 'Yes Was that hard to get into? It was hard to get into, yeah.', 'start': 657.679, 'duration': 4.201}, {'end': 665.781, 'text': "All right, so you went to Harvard and you got a master's in computer science.", 'start': 662.4, 'duration': 3.381}], 'summary': "Lenovo founder's son pursued computer science at harvard after graduating from peking university in a class with 30 men out of 36 students.", 'duration': 82.234, 'max_score': 602.384, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM602384.jpg'}], 'start': 583.547, 'title': "A tech entrepreneur's journey", 'summary': "Delves into the journey of a tech entrepreneur, covering his company's valuation, background, education, language proficiency, international study experiences, gender ratio in computer science, family background, and future business plans.", 'chapters': [{'end': 705.835, 'start': 583.547, 'title': 'Interview with tech entrepreneur', 'summary': "Discusses the journey of a tech entrepreneur, touching upon his company's valuation, background, education, and language proficiency, and highlighting his international study experiences and the gender ratio in computer science, while providing insights into his family background and future business plans.", 'duration': 122.288, 'highlights': ["The entrepreneur's company had a market valuation of $500 million when he joined, and he confirmed the figure to be approximately accurate. The entrepreneur's company had a market valuation of $500 million when he joined, and he confirmed the figure to be approximately accurate.", "The entrepreneur's journey from China to Harvard, his motivation for studying abroad, and his experience at Harvard are discussed. The entrepreneur's journey from China to Harvard, his motivation for studying abroad, and his experience at Harvard are discussed.", "The entrepreneur's language proficiency and education background, including his major in computer science at Peking University and his master's degree from Harvard, are detailed. The entrepreneur's language proficiency and education background, including his major in computer science at Peking University and his master's degree from Harvard, are detailed.", "Insights into the entrepreneur's family background, including his father's role as the founder of Lenovo and his non-involvement in pressuring the entrepreneur into the business world, are provided. Insights into the entrepreneur's family background, including his father's role as the founder of Lenovo and his non-involvement in pressuring the entrepreneur into the business world, are provided.", 'The gender ratio in computer science at Peking University, with 30 out of 36 students being men, is mentioned. The gender ratio in computer science at Peking University, with 30 out of 36 students being men, is mentioned.']}], 'duration': 122.288, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM583547.jpg', 'highlights': ["The entrepreneur's company had a market valuation of $500 million when he joined, and he confirmed the figure to be approximately accurate.", "Insights into the entrepreneur's family background, including his father's role as the founder of Lenovo and his non-involvement in pressuring the entrepreneur into the business world, are provided.", "The entrepreneur's language proficiency and education background, including his major in computer science at Peking University and his master's degree from Harvard, are detailed.", "The entrepreneur's journey from China to Harvard, his motivation for studying abroad, and his experience at Harvard are discussed.", 'The gender ratio in computer science at Peking University, with 30 out of 36 students being men, is mentioned.']}, {'end': 1046.258, 'segs': [{'end': 732.566, 'src': 'embed', 'start': 706.976, 'weight': 5, 'content': [{'end': 712.442, 'text': 'So, when you graduated from Harvard, did you decide to go to a great Chinese firm like Goldman Sachs?', 'start': 706.976, 'duration': 5.466}, {'end': 717.174, 'text': 'Yes, actually, it was almost accidental to join Goldman.', 'start': 712.95, 'duration': 4.224}, {'end': 722.658, 'text': 'I did summer intern in Goldman in research division as an IT engineer.', 'start': 717.814, 'duration': 4.844}, {'end': 724.319, 'text': 'In New York? In Hong Kong.', 'start': 722.678, 'duration': 1.641}, {'end': 724.96, 'text': 'In Hong Kong, okay.', 'start': 724.399, 'duration': 0.561}, {'end': 725.761, 'text': 'In Hong Kong.', 'start': 724.98, 'duration': 0.781}, {'end': 732.566, 'text': 'And I thought it was fascinating what people are doing, so I decided I want to apply for a full-time job.', 'start': 726.541, 'duration': 6.025}], 'summary': 'Joined goldman sachs in hong kong after it internship, finding it fascinating.', 'duration': 25.59, 'max_score': 706.976, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM706976.jpg'}, {'end': 788.312, 'src': 'embed', 'start': 744.953, 'weight': 1, 'content': [{'end': 749.155, 'text': "So most people would say if you're a managing director at Goldman, life can't be much better than that.", 'start': 744.953, 'duration': 4.202}, {'end': 752.076, 'text': "And so you're on your way up to the very top.", 'start': 749.855, 'duration': 2.221}, {'end': 759.64, 'text': 'Why did you choose to leave? Yes, a lot of people ask me that question, especially when I resigned from Goldman.', 'start': 752.276, 'duration': 7.364}, {'end': 764.822, 'text': "My ex-boss there said, I can't believe you're joining a taxi company.", 'start': 760.62, 'duration': 4.202}, {'end': 773.185, 'text': 'Because when I first moved back to Beijing, I always find myself struggling in the middle of the street with my three young children.', 'start': 765.902, 'duration': 7.283}, {'end': 776.487, 'text': "I didn't have a license plate to drive in Beijing.", 'start': 773.205, 'duration': 3.282}, {'end': 778.027, 'text': 'You need to have your license plate.', 'start': 776.547, 'duration': 1.48}, {'end': 779.588, 'text': "And it's hard to get.", 'start': 778.688, 'duration': 0.9}, {'end': 780.728, 'text': "It's a lottery system.", 'start': 779.608, 'duration': 1.12}, {'end': 783.309, 'text': "And it's really hard to hail a taxi.", 'start': 781.689, 'duration': 1.62}, {'end': 788.312, 'text': 'And then I met DD at that time, which was a very young company.', 'start': 783.81, 'duration': 4.502}], 'summary': 'Former managing director at goldman left to join a taxi company in beijing due to difficulties in transportation and family life.', 'duration': 43.359, 'max_score': 744.953, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM744953.jpg'}, {'end': 958.25, 'src': 'embed', 'start': 893.02, 'weight': 0, 'content': [{'end': 896.681, 'text': 'So we went to Tibet together with a group of seven people.', 'start': 893.02, 'duration': 3.661}, {'end': 898.002, 'text': 'It was a soul-searching trip.', 'start': 896.721, 'duration': 1.281}, {'end': 900.143, 'text': 'And after that, I made up my mind.', 'start': 898.502, 'duration': 1.641}, {'end': 904.259, 'text': 'Okay, and what position did you join at? Chief Operating Officer.', 'start': 900.672, 'duration': 3.587}, {'end': 909.209, 'text': 'So you came from Goldman Sachs, but at Goldman you were not managing hundreds and hundreds of people.', 'start': 904.54, 'duration': 4.669}, {'end': 911.192, 'text': 'so how could you be the Chief Operating Officer?', 'start': 909.209, 'duration': 1.983}, {'end': 919, 'text': "Yeah, although I didn't manage hundreds of hundreds of people, but I did see a lot of business.", 'start': 912.093, 'duration': 6.907}, {'end': 925.166, 'text': "I did talk to a lot of entrepreneurs and also I think it's just in my gene.", 'start': 919.18, 'duration': 5.986}, {'end': 930.451, 'text': 'I want to build an organization that suits this generation.', 'start': 925.827, 'duration': 4.624}, {'end': 937.402, 'text': 'And who were the big investors in Didi in the early days? Actually, there are a number of them.', 'start': 930.872, 'duration': 6.53}, {'end': 945.225, 'text': 'The strategic ones, we have Tencent, Alibaba, we also have Tim Cook, Apple.', 'start': 938.062, 'duration': 7.163}, {'end': 951.187, 'text': 'We also have a lot of very well-known financial investors.', 'start': 946.866, 'duration': 4.321}, {'end': 957.41, 'text': "And most of the investors, were they large institutional investors from the United States or from China or from all over the world? It's a mix.", 'start': 951.507, 'duration': 5.903}, {'end': 958.25, 'text': "It's pretty diverse.", 'start': 957.45, 'duration': 0.8}], 'summary': 'Went to tibet with seven people, became coo, didi had diverse investors including tencent, alibaba, tim cook, and financial investors.', 'duration': 65.23, 'max_score': 893.02, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM893020.jpg'}], 'start': 706.976, 'title': 'The journey of didi', 'summary': 'Discusses the journey of didi from 2012 to 2014, highlighting its valuation, investors, and the challenges of navigating life in beijing.', 'chapters': [{'end': 788.312, 'start': 706.976, 'title': 'From goldman to didi', 'summary': 'Discusses how a former managing director at goldman sachs left to join a taxi company in beijing, highlighting the challenges of navigating life in the city and the appeal of a young company like didi.', 'duration': 81.336, 'highlights': ['Former managing director at Goldman Sachs left to join a taxi company in Beijing due to challenges of navigating life in the city and the appeal of a young company like Didi.', 'Struggling to navigate Beijing with three young children due to the difficulty of obtaining a license plate and hailing taxis.', 'Accidentally joining Goldman Sachs and later transitioning to the investment banking division in Hong Kong.']}, {'end': 1046.258, 'start': 789.212, 'title': "Didi's journey from 2012 to 2014", 'summary': 'Discusses the journey of didi from 2012 to 2014, highlighting its valuation, investors, and the decision-making process to join the company, reflecting on the challenges and lessons learned from the experience.', 'duration': 257.046, 'highlights': ["Didi's valuation was around 500 million US dollars with 700 employees in 2014. The company's valuation and workforce size in 2014, reflecting its significant growth within a short period.", "The big investors in Didi's early days included Tencent, Alibaba, and Tim Cook from Apple. Key information about the major investors in Didi during its early stages, showcasing the company's strategic partnerships.", 'The decision-making process to join Didi involved a soul-searching trip to Tibet and ultimately accepting the position of Chief Operating Officer. Insight into the personal journey and decision-making process of the individual in joining Didi, emphasizing the significance of the role and the contemplative approach taken.']}], 'duration': 339.282, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM706976.jpg', 'highlights': ["Didi's valuation was around 500 million US dollars with 700 employees in 2014.", 'Former managing director at Goldman Sachs left to join a taxi company in Beijing due to challenges of navigating life in the city and the appeal of a young company like Didi.', "The big investors in Didi's early days included Tencent, Alibaba, and Tim Cook from Apple.", 'Struggling to navigate Beijing with three young children due to the difficulty of obtaining a license plate and hailing taxis.', 'The decision-making process to join Didi involved a soul-searching trip to Tibet and ultimately accepting the position of Chief Operating Officer.', 'Accidentally joining Goldman Sachs and later transitioning to the investment banking division in Hong Kong.']}, {'end': 1204.014, 'segs': [{'end': 1137.271, 'src': 'embed', 'start': 1111.044, 'weight': 0, 'content': [{'end': 1119.046, 'text': 'So how do you screen those kind of people in the future? After that, now we launched more than 40 product features about safety.', 'start': 1111.044, 'duration': 8.002}, {'end': 1124.467, 'text': 'Facial recognition, route sharing, itinerary sharing.', 'start': 1119.346, 'duration': 5.121}, {'end': 1126.067, 'text': 'So there are 40 of them.', 'start': 1124.487, 'duration': 1.58}, {'end': 1130.869, 'text': 'But the challenge part is not about how committed we can be for safety.', 'start': 1126.648, 'duration': 4.221}, {'end': 1132.429, 'text': 'There are a lot of dilemmas.', 'start': 1131.269, 'duration': 1.16}, {'end': 1136.01, 'text': "that I can't ask our data scientist for an answer to.", 'start': 1133.089, 'duration': 2.921}, {'end': 1137.271, 'text': "It's a social problem.", 'start': 1136.391, 'duration': 0.88}], 'summary': 'Launched over 40 safety features, facing social dilemmas and data challenges.', 'duration': 26.227, 'max_score': 1111.044, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1111044.jpg'}, {'end': 1204.014, 'src': 'embed', 'start': 1159.795, 'weight': 1, 'content': [{'end': 1165.977, 'text': "We put up a nationwide consultation forum and we ask people's feedback.", 'start': 1159.795, 'duration': 6.182}, {'end': 1167.958, 'text': '80% of them thinks we should.', 'start': 1166.358, 'duration': 1.6}, {'end': 1176.382, 'text': "It's a surprise to us, because our original concern was if we let that happen, then what if something bad happened to the drunk passenger?", 'start': 1167.978, 'duration': 8.404}, {'end': 1181.123, 'text': 'right?. So what we do not encourage is drunk passenger to ride by themselves.', 'start': 1176.382, 'duration': 4.741}, {'end': 1182.984, 'text': 'They need to be accompanied by a sober friend.', 'start': 1181.163, 'duration': 1.821}, {'end': 1187.024, 'text': "How do you make sure your drivers are not drunk? Oh, that's very easy.", 'start': 1183.084, 'duration': 3.94}, {'end': 1187.744, 'text': "That's very easy.", 'start': 1187.104, 'duration': 0.64}, {'end': 1193.568, 'text': "Do you have a breathalyzer or what do you do? How do you make sure? Yeah, we have this SDK on other drivers' cell phones.", 'start': 1187.764, 'duration': 5.804}, {'end': 1200.291, 'text': 'So if they drive dangerously, speed driving, you know, hard brake, hard turn, we test it immediately right?', 'start': 1193.628, 'duration': 6.663}, {'end': 1204.014, 'text': 'And before he gets, you know he pick up order.', 'start': 1200.492, 'duration': 3.522}], 'summary': '80% support nationwide consultation forum for drunk passenger policy with safety measures in place.', 'duration': 44.219, 'max_score': 1159.795, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1159795.jpg'}], 'start': 1046.698, 'title': 'Challenges in leading a global business', 'summary': "Explores didi chuxing's ceo's approach to handling safety challenges, including addressing two tragic incidents, developing 40 safety features, and managing the dilemma of allowing drivers to reject drunk passengers based on feedback from a nationwide consultation forum.", 'chapters': [{'end': 1204.014, 'start': 1046.698, 'title': 'Challenges in leading a global business', 'summary': "Explores didi chuxing's ceo's approach to handling safety challenges, including addressing two tragic incidents, developing 40 safety features, and managing the dilemma of allowing drivers to reject drunk passengers based on feedback from a nationwide consultation forum.", 'duration': 157.316, 'highlights': ['Didi Chuxing CEO discusses the challenges of leading a major global company, particularly addressing safety issues after two tragic incidents on their platform, leading to the development of 40 safety features.', 'The CEO shares the dilemma of whether to allow drivers to reject drunk passengers, highlighting the complexity of balancing safety and customer needs, with 80% of people in a nationwide consultation forum supporting the decision to allow rejection of drunk passengers.', "The company uses an SDK on drivers' cell phones to monitor their driving behavior, ensuring they are not drunk and testing for dangerous driving actions like speeding, hard braking, and hard turns."]}], 'duration': 157.316, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1046698.jpg', 'highlights': ['Didi Chuxing CEO addresses safety challenges after two tragic incidents, leading to 40 safety features.', '80% of people in a nationwide consultation forum support the decision to allow rejection of drunk passengers.', "The company uses an SDK on drivers' cell phones to monitor their driving behavior, ensuring they are not drunk and testing for dangerous driving actions."]}, {'end': 1427.815, 'segs': [{'end': 1244.688, 'src': 'embed', 'start': 1204.014, 'weight': 0, 'content': [{'end': 1209.717, 'text': 'we would do facial recognition and there are phone calls if we see anything, you know random.', 'start': 1204.014, 'duration': 5.703}, {'end': 1216.748, 'text': "So, in the United States there's a lot of discussion about whether women are allowed to get senior positions in companies,", 'start': 1210.097, 'duration': 6.651}, {'end': 1220.253, 'text': 'and very few Fortune 500 companies actually have CEOs as women.', 'start': 1216.748, 'duration': 3.505}, {'end': 1223.859, 'text': 'Is it easier in China for a woman to be a CEO of a company or harder?', 'start': 1220.734, 'duration': 3.125}, {'end': 1229.396, 'text': "Well, I think you can always be a CEO or president, but most of the time you're not likable.", 'start': 1224.332, 'duration': 5.064}, {'end': 1235.501, 'text': "Right Right, because I think there's still a glass ceiling everywhere.", 'start': 1229.416, 'duration': 6.085}, {'end': 1239.924, 'text': "But I think in China, it's already a very encouraging work environment.", 'start': 1235.721, 'duration': 4.203}, {'end': 1242.846, 'text': "For example, in Didi, we have Didi Women's Network.", 'start': 1239.984, 'duration': 2.862}, {'end': 1244.688, 'text': 'We launched four years ago.', 'start': 1243.367, 'duration': 1.321}], 'summary': "In the us, few fortune 500 companies have female ceos, while in china, there's a more encouraging work environment for women.", 'duration': 40.674, 'max_score': 1204.014, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1204014.jpg'}, {'end': 1290.661, 'src': 'embed', 'start': 1264.82, 'weight': 4, 'content': [{'end': 1269.383, 'text': "So we want to make sure our women employees feel they're empowered.", 'start': 1264.82, 'duration': 4.563}, {'end': 1274.426, 'text': "And that's why we encourage a lot of working from home.", 'start': 1269.863, 'duration': 4.563}, {'end': 1276.667, 'text': 'We encourage a lot of culture like that.', 'start': 1274.506, 'duration': 2.161}, {'end': 1279.329, 'text': 'Young mom can work from home one day a week.', 'start': 1276.867, 'duration': 2.462}, {'end': 1282.912, 'text': 'Well, you have three young kids.', 'start': 1280.249, 'duration': 2.663}, {'end': 1286.877, 'text': "Do you work from home one day a week? You can't do that.", 'start': 1282.932, 'duration': 3.945}, {'end': 1287.818, 'text': "I can't do that.", 'start': 1287.097, 'duration': 0.721}, {'end': 1288.479, 'text': "I can't do that.", 'start': 1287.978, 'duration': 0.501}, {'end': 1289.961, 'text': 'But my kids are really big.', 'start': 1288.499, 'duration': 1.462}, {'end': 1290.661, 'text': "They're 10 and 9.", 'start': 1289.981, 'duration': 0.68}], 'summary': 'Company promotes work-life balance by allowing women to work from home, with one day per week for young moms. speaker unable to work from home due to older children.', 'duration': 25.841, 'max_score': 1264.82, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1264820.jpg'}, {'end': 1427.815, 'src': 'embed', 'start': 1376.423, 'weight': 3, 'content': [{'end': 1380.746, 'text': "You know when we had our hiccups, when we had the incidents, a lot of times it's.", 'start': 1376.423, 'duration': 4.323}, {'end': 1386.17, 'text': "It's frustrating if you're helpless and hopeless like what happened last year.", 'start': 1382.047, 'duration': 4.123}, {'end': 1390.593, 'text': 'I always remember my father told me life is supposed to be hard.', 'start': 1386.19, 'duration': 4.403}, {'end': 1395.936, 'text': 'I think that makes me more resilient, stronger.', 'start': 1391.453, 'duration': 4.483}, {'end': 1397.037, 'text': 'So far.', 'start': 1396.337, 'duration': 0.7}, {'end': 1401.18, 'text': "what would you say you're most proud of having achieved as the president of Didi?", 'start': 1397.037, 'duration': 4.143}, {'end': 1409.931, 'text': "Well, for the company, I think I'm most proud that we are providing 10 billion trips a year and serving all different types of need.", 'start': 1402.15, 'duration': 7.781}, {'end': 1414.832, 'text': 'And we are creating income for more than tens of millions of drivers.', 'start': 1410.212, 'duration': 4.62}, {'end': 1427.815, 'text': 'Personally, what makes me feel proud is we have built a team with resilience and commitment and people feel this is the right thing to do.', 'start': 1415.753, 'duration': 12.062}], 'summary': 'Proud of providing 10b trips/year, serving diverse needs, creating income for tens of millions of drivers.', 'duration': 51.392, 'max_score': 1376.423, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1376423.jpg'}], 'start': 1204.014, 'title': "Women's career challenges and empowerment", 'summary': "Examines the challenges faced by women in attaining ceo positions, comparing the us and china, noting the low representation of women in fortune 500 companies, and discusses empowering women for long-term careers, promoting work-life balance, and sharing life experiences. it also highlights the encouraging work environment for women in china, exemplified by the didi women's network's four-year existence and the achievement of providing 10 billion trips a year and creating income for tens of millions of drivers at didi.", 'chapters': [{'end': 1244.688, 'start': 1204.014, 'title': 'Women in ceo positions: us vs china', 'summary': "Examines the challenges faced by women in attaining ceo positions, comparing the us and china, highlighting the low representation of women in fortune 500 companies, discussing the presence of a glass ceiling, and noting the encouraging work environment for women in china, exemplified by the didi women's network's four-year existence.", 'duration': 40.674, 'highlights': ["In the United States, very few Fortune 500 companies have women CEOs, raising questions about women's access to senior positions.", 'The presence of a glass ceiling is acknowledged, indicating the continued challenges for women in attaining leadership roles.', "In China, the work environment is described as encouraging for women, with the example of the Didi Women's Network, which has been in existence for four years.", "Discussion about whether women are allowed to get senior positions in companies, highlighting the ongoing debate about women's access to leadership roles.", 'The mention of facial recognition and phone calls for random occurrences indicates a focus on security measures in the work environment.']}, {'end': 1427.815, 'start': 1245.068, 'title': 'Empowering women for long-term careers', 'summary': 'Emphasizes empowering women to plan their careers for the next 30 years, promoting work-life balance through initiatives like working from home, and sharing life experiences to inspire others, while highlighting the achievement of providing 10 billion trips a year and creating income for tens of millions of drivers at didi.', 'duration': 182.747, 'highlights': ['Didi provides 10 billion trips a year and creates income for tens of millions of drivers. The company is proud of providing 10 billion trips annually and generating income for a large number of drivers, showcasing its impact and scale.', 'Encouraging women to plan their careers for the next 30 years and promoting work-life balance through initiatives like working from home. The focus is on empowering women to plan long-term careers and fostering work-life balance, exemplified by initiatives such as working from home to support young mothers.', 'Sharing life experiences to inspire others and building a resilient and committed team at Didi. The leader values sharing life experiences to inspire others and takes pride in building a resilient and committed team at Didi, fostering a culture of empowerment and support.']}], 'duration': 223.801, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/0-iphU-n8RM/pics/0-iphU-n8RM1204014.jpg', 'highlights': ["In the United States, very few Fortune 500 companies have women CEOs, raising questions about women's access to senior positions.", 'The presence of a glass ceiling is acknowledged, indicating the continued challenges for women in attaining leadership roles.', "In China, the work environment is described as encouraging for women, with the example of the Didi Women's Network, which has been in existence for four years.", 'Didi provides 10 billion trips a year and creates income for tens of millions of drivers. The company is proud of providing 10 billion trips annually and generating income for a large number of drivers, showcasing its impact and scale.', 'Encouraging women to plan their careers for the next 30 years and promoting work-life balance through initiatives like working from home. The focus is on empowering women to plan long-term careers and fostering work-life balance, exemplified by initiatives such as working from home to support young mothers.', 'Sharing life experiences to inspire others and building a resilient and committed team at Didi. The leader values sharing life experiences to inspire others and takes pride in building a resilient and committed team at Didi, fostering a culture of empowerment and support.', "Discussion about whether women are allowed to get senior positions in companies, highlighting the ongoing debate about women's access to leadership roles.", 'The mention of facial recognition and phone calls for random occurrences indicates a focus on security measures in the work environment.']}], 'highlights': ["Jean Liu's leadership at Didi, providing 10 billion trips a year and serving various needs, positioning Didi as the largest single ride-hailing company in the world.", "Didi's strategy of hard work and launching four business lines in three months, enabling it to become the largest mobile transportation company in China and one of the largest in the world.", "Didi's success and Jean Liu's leadership, despite initial skepticism, making her one of the best-known women business leaders in China.", "Didi boasts hundreds of millions of users every month, surpassing Uber's user base, showcasing its significant market presence and growth.", 'Didi provides a diverse range of services, including taxi, private cars, carpooling, bikes, and electric bikes, catering to the varied needs of its user base.', "Didi's expansion into markets like Brazil, Mexico, Colombia, Australia, and Japan demonstrates its ambition and progress in building its business outside of China.", 'The company tailors its products for different markets by combining global technology architecture with local innovation, emphasizing the importance of adapting to diverse market needs.', 'Didi is profitable in its core business, an aspect that sets it apart from companies like Uber, which is losing a significant amount of money annually.', 'Didi targets a younger demographic, with a significant portion of its ride share customers being in the 20-30 age range, including college students and young professionals.', 'The company is cautious about autonomous technology, recognizing the need for significant commitment and resources to mature technology-wise and commercially, and highlights the advantage of its large network and data for geofencing autonomous cars.', "The entrepreneur's company had a market valuation of $500 million when he joined, and he confirmed the figure to be approximately accurate.", "Insights into the entrepreneur's family background, including his father's role as the founder of Lenovo and his non-involvement in pressuring the entrepreneur into the business world, are provided.", "The entrepreneur's language proficiency and education background, including his major in computer science at Peking University and his master's degree from Harvard, are detailed.", "The entrepreneur's journey from China to Harvard, his motivation for studying abroad, and his experience at Harvard are discussed.", "Didi's valuation was around 500 million US dollars with 700 employees in 2014.", 'Former managing director at Goldman Sachs left to join a taxi company in Beijing due to challenges of navigating life in the city and the appeal of a young company like Didi.', "The big investors in Didi's early days included Tencent, Alibaba, and Tim Cook from Apple.", 'Struggling to navigate Beijing with three young children due to the difficulty of obtaining a license plate and hailing taxis.', 'The decision-making process to join Didi involved a soul-searching trip to Tibet and ultimately accepting the position of Chief Operating Officer.', 'Didi Chuxing CEO addresses safety challenges after two tragic incidents, leading to 40 safety features.', '80% of people in a nationwide consultation forum support the decision to allow rejection of drunk passengers.', "The company uses an SDK on drivers' cell phones to monitor their driving behavior, ensuring they are not drunk and testing for dangerous driving actions.", "In the United States, very few Fortune 500 companies have women CEOs, raising questions about women's access to senior positions.", 'The presence of a glass ceiling is acknowledged, indicating the continued challenges for women in attaining leadership roles.', "In China, the work environment is described as encouraging for women, with the example of the Didi Women's Network, which has been in existence for four years.", 'Didi provides 10 billion trips a year and creates income for tens of millions of drivers. The company is proud of providing 10 billion trips annually and generating income for a large number of drivers, showcasing its impact and scale.', 'Encouraging women to plan their careers for the next 30 years and promoting work-life balance through initiatives like working from home. The focus is on empowering women to plan long-term careers and fostering work-life balance, exemplified by initiatives such as working from home to support young mothers.', 'Sharing life experiences to inspire others and building a resilient and committed team at Didi. The leader values sharing life experiences to inspire others and takes pride in building a resilient and committed team at Didi, fostering a culture of empowerment and support.', "Discussion about whether women are allowed to get senior positions in companies, highlighting the ongoing debate about women's access to leadership roles.", 'The mention of facial recognition and phone calls for random occurrences indicates a focus on security measures in the work environment.']}