- Chinese ride-hailing giant Didi Chuxing has partnered with Estonia-based ride-hailer Taxify, the two companies announced today.
- Through the deal, Didi will invest in Taxify “to support the latter’s further growth and innovation across its diversified markets,” according to a press release. The investment amount is not specified.
- Taxify is present in 25 cities in Europe, West Asia, and Africa. It also operates in Mexico. It claims to have 2.5 million users and had previously raised US$2.4 million in funding.
Why it matters:
Source: Didi Chuxing, Taxify.