China’s Didi invests in Taxify

Chinese ride sharing app Didi Chuxing have invested in European rivals Taxify. The Estonian Uber-like model operates predominantly in Europe and Africa and has recently applied for an operators licence to launch in London in the coming months.  The amount invested by the Asian giants Didi is still unknown, but sources expect the the investment to be in its tens of millions. This partnership is the latest attempt by Didi to destabilise Uber's stranglehold on the European market. 

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