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One of the company's biggest competitors, China's Didi Chuxing, is buying another ride-hailing company from Brazil, 99. The deal is set to make Didi even bigger and pits its services against Uber ...
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Rest of World on MSNUber and Chinese-owned rival 99 have a common enemy: São Paulo’s mototaxi banRio de Janeiro has it,” declared a digital billboard along one of São Paulo’s busiest streets last month. “São Paulo doesn’t.” The ad, from Uber, is the latest in a monthslong battle that has pitted ...
For instance, in Brazil, DiDi acquired 99, which was the leading local ride-hailing platform at the time of acquisition. After acquiring 99, DiDi leveraged its existing technology platform and ...
Chinese tech company Didi Global Inc said it will revive its food delivery operations in Brazil under the brand 99 Food, leveraging its existing local travel and payment ecosystems to enhance the ...
Announcement was made Wednesday during a meeting between Brazil’s vice-President and Minister of Industry, Trade, and Services Geraldo Alckmin and Stephen Zhu, the global director of Didi’s ...
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