Didi is buying an Uber competitor in its fastest-growing region

Didi is bolstering its international presence in a major ride-hail market: Brazil. The company announced that it is buying taxi and private car-hailing company 99. The acquisition comes almost exactly a year after Didi led a $100 million investment in 99, formerly called 99Taxis.

Read more: http://bit.ly/2CA5kWW

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