China's Didi-led group invests over $100m in Brazilian ride app 99

China's Didi-led group invests over $100m in Brazilian ride app 99

A mascot of Didi Chuxing is seen at the company's headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Didi Chuxing, China’s largest ride-hailing company, is leading a group investing more than $100 million in Brazilian on-demand taxi and ride sharing company 99, the companies said on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter