Cheng Wei : Businessman Of The Year In 2016

Forbes Asia Names Cheng Wei AS Businessman Of The Year In 2016

Question: Which of the following magazine has Named Cheng Wei as Businessman Of The Year In 2016?
(a) Wisden
(b) Fortune
(c) Forbes Asia
(d) Time
Ans:(c)
Related facts:

  • On 30 November 2016 Forbes Asia named Cheng Wei as Businessman Of The Year In 2016.
  • Cheng Wei, Co-founder and Chief Executive of China’s largest ride-sharing service provider Didi Chuxing (Didi).
  • Cheng is featured on the cover of the December issue of Forbes Asia.
  • Cheng is one entrepreneur who managed to beat back the relentless advance of the richest, most rapacious startup, Uber, in his home country.
  • Didi has attracted 300 million users in 400 Chinese cities in just four years.
  • The service, which lets consumers digitally hail and pay for taxis, private cars, limousines and commuter buses commands 85% of China’s ride-sharing market, which Beijing research firm Analysys International estimates will reach 122 billion yuan ($17.7 billion) by end of this year and 286 billion yuan in 2018.

Reference:
http://www.forbes.com/sites/ywang/2016/11/30/didis-cheng-wei-is-forbes-asias-2016-businessman-of-the-year/#5a84f23e5bba
http://www.forbes.com/sites/forbespr/2016/12/01/forbes-asia-names-cheng-wei-as-businessman-of-the-year-in-2016/#3ca4fd884792