More Brazilians are finding ride-sharing app 99 Taxis an affordable option for transportation. A subsidiary of China’s Didi Chuxing, it has completed 1 billion trips through its platform, Caixin Global reported.
Currently, 99 Taxis works with about 600,000 drivers to serve 18 million users across 1,600 cities including Sao Paulo, Rio de Janeiro and Belo Horizonte, the company said in a statement emailed to Caixin.
In 2018, Didi bought a controlling stake in 99 Taxis in a deal that valued the Brazilian startup at more than US$1 billion. The transaction marked Didi’s entry into Latin America, where Uber also operates the report said.
Didi announced plans earlier this week to put a fleet of hybrid and electric vehicles into operation in Mexico this year as part of broader plans to roll out more mobility services in the Latin American country, the report said.
Meanwhile, the company plans to put a fleet of hybrid and electric vehicles into operation in Mexico this year as part of its plan to launch more mobility services in the Latin American country where it started operation in April 2018, the company told Caixin.
Initially, more than 700 hybrid and electric vehicles from international carmakers such as China’s BYD and France’s Renault will be available on its app through cooperation with local leasing partners and drivers.
Supported by data analysts and artificial intelligence scientists, Didi will be able to solve the most challenging mobility problems in Mexico, where the number of trips people took with Didi grew by approximately 350% year-on-year in 2019, the report said.
In November, Didi announced plans to launch an upscale ride-hailing service on a trial basis in Tokyo and the official launch of its ride-hailing service in Costa Rica. The company also operates in Australia, Brazil, Chile and Colombia.