Luda Technology Group Inc. (NYSE: LUD) is a China-based mobility and technology company that develops and operates an integrated digital platform for transportation services. Headquartered in Beijing, the company’s core business is its ride-hailing application, which connects drivers and passengers across multiple service categories. Through its proprietary matching algorithms and real-time data analytics, Luda Technology Group aims to deliver efficient, safe and cost-effective travel solutions to urban and suburban commuters.
The company’s primary offerings include standard ride-hailing, carpooling, and premium services, as well as taxi-hailing and designated driver solutions. In addition to passenger transport, Luda Technology Group has expanded into light-goods logistics, providing on-demand delivery for small parcels and commercial clients. Complementary services such as vehicle rental, driver recruitment, and supply-chain finance are also offered via the platform, positioning the company as a one-stop mobility ecosystem for both individual users and business partners.
Since launching its platform in 2018, Luda Technology Group has focused on serving China’s second- and third-tier cities, where it seeks to fill gaps left by larger competitors. The service now operates in over 300 cities across the mainland, supported by a network of millions of registered drivers and tens of millions of users. By leveraging localized marketing, strategic partnerships with local governments and continuous enhancements to its app interface, the company has steadily increased market penetration outside major metropolitan areas.
Founded by Zhang Chi, Luda Technology Group completed its initial public offering on the New York Stock Exchange in December 2021. The company is led by an experienced management team with deep roots in China’s mobility sector. Under the direction of Chairman and Chief Executive Officer Zhang Chi, the firm continues to invest in technology development, expand its service footprint and pursue strategic initiatives designed to capture further share in the fast-growing ride-hailing and logistics markets.
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