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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Format: | text |
Language: | English |
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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 |
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. |
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