China Daily (Hong Kong) - - BUSINESS -

num­ber of over­seas cities that Didi has ex­tended busi­nesses to

“It will en­able Ca­reem to more ef­fec­tively pur­sue growth op­por­tu­ni­ties through con­tin­ued in­no­va­tion and sus­tain­abil­ity,” Sheikha said.

He added that the co­op­er­a­tion would also pro­vide the re­gion with huge sup­port to de­velop and leap-frog tra­di­tional in­fra­struc­ture.

Didi has al­ready ex­tended its over­seas busi­nesses to more than 1,000 cities across North Amer­ica, South Amer­ica, South­east Asia and South Asia, ac­cord­ing to com­pany fig­ures.

Didi is push­ing to boost its global pres­ence, mainly through part­ner­ships and in­vest­ments with global ride­hail­ing com­pa­nies. It has in­vested in Lyft, Grabtaxi, Uber, Tax­ify and Ca­reem and other ride-hail­ing plat­forms from dif­fer­ent coun­tries and re­gions in­clud­ing the United States, In­dia and Brazil.

The com­pany said it would con­tinue to ad­vance its in­ter­na­tion­al­iza­tion strat­egy to bring home­grown in­no­va­tion from China to new mar­kets in the fu­ture.

Zhang Xu, an an­a­lyst from Bei­jing-based in­ter­net con­sul­tancy Analysys, said the re­cent moves un­der­scored Didi Chux­ing’s am­bi­tious goal to ex­pand glob­ally.

“With its unique part­ner­ships and in­vest­ment mode to grow its global net­works, Didi will work more ef­fi­ciently and have a bet­ter un­der­stand­ing of the lo­cal mar­kets com­pared with its ri­val,” Zhang said.

Con­tact the writ­ers at ouyang­shi­jia@chi­nadaily.com.cn

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.