China's largest ride sharing company Didi Chuxing has agreed to form a strategic partnership with Taxify, a leading ride sharing firm in Europe and Africa.
No financial details were disclosed. Didi will invest in and collaborate with Taxify to support the latter's growth and innovation across its markets, according to a company announcement.
Launched in Estonia in 2013, Taxify is the fastest growing ride hailing company in Europe and Africa, offering taxi and private car hailing services to over 2.5 million users in major hubs across 18 countries, including the United Kingdom, Hungary, Romania, the Baltic States, South Africa, Nigeria and Kenya.
The deal is the latest move in Didi's global expansion as it seeks to grab international market share from rival Uber Technologies Inc. Last month, Didi and SoftBank Group Corp. agreed to inve...
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