Chinese Ride Sharing Giant DiDi Chuxing Is Coming To North America
Beijing, China's ride hailing giant Didi Chuxing is planning to expand its services to expand to Mexico by next year, marking the company's first international expansion move. This also signals a new phase of competition with global ride sharing company Uber, which quit its Chinese business by selling it to Didi in 2016 after lengthy and expensive battle.
After Uber, Didi Chuxing is the most valued privately owned firm in the world. 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 witnessed a series of self-inflicted scandals.
Didi right now has no card outside China, but will be launching an app in the Mexico and recruit local drivers.
It is unclear which cities Didi will target, althoug...