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Didi, the ride-sharing giant of China, is coming to North America

Didi Chuxing, the Chinese ride-hail behemoth, plans to expand to Mexico next year, according to Reuters. It would be the company’s first international expansion and could signal a new phase of competition with Uber, which sold its Chinese business to Didi in 2016 after a lengthy and expensive battle.

Didi is the second-most valued, privately owned firm in the world after Uber. Its decision to begin recruiting drivers and offering rides in Mexico will surely be seen as shot across Uber’s bow at a time when the company has been seen reeling from a series of self-inflicted scandals.

According to Reuters, Didi has already laid the groundwork for a Mexico launch:

About a month ago, Didi met with…

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from The Verge – All Posts