Didi’s strategic move towards globalisation

This January, Didi Chuxing, China’s largest car-hailing app, announced that it has acquired the remaining shares of Brazil's 99 car share service, Uber's main rival in Latin America. The news came days after Uber raising from Softbank a new round of capital with the valuation at USD48 bill...

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Bibliographic Details
Main Author: Singapore Management University
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
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Online Access:https://ink.library.smu.edu.sg/pers/403
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1399&context=pers
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Institution: Singapore Management University
Language: English
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Summary:This January, Didi Chuxing, China’s largest car-hailing app, announced that it has acquired the remaining shares of Brazil's 99 car share service, Uber's main rival in Latin America. The news came days after Uber raising from Softbank a new round of capital with the valuation at USD48 billion.