The 99 app. The acquisition intensifies Didi’s global rivalry with Uber. Photo: ReutersThe 99 app. The acquisition intensifies Didi’s global rivalry with Uber. Photo: Reuters
The 99 app. The acquisition intensifies Didi’s global rivalry with Uber. Photo: Reuters
Tech /  Apps & Social

China’s Didi Chuxing acquires control of Brazilian ride-hailing app 99 for US$1 billion

Investors bought out by Didi include Riverwood Capital, Qualcomm Ventures and Softbank Group

Topic |   Didi Chuxing
Reuters
Reuters

Updated: 9:42am, 4 Jan, 2018

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The 99 app. The acquisition intensifies Didi’s global rivalry with Uber. Photo: ReutersThe 99 app. The acquisition intensifies Didi’s global rivalry with Uber. Photo: Reuters
The 99 app. The acquisition intensifies Didi’s global rivalry with Uber. Photo: Reuters
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