The Chinese ride-hailing app Didi Chuxing announced a partnership with Uber’s rival Taxify on Aug. Taxify plans to use the cash injection from Didi to expand its markets in Europe and Africa, according to a statement.
The Estonian ride-hailing service already defines itself as the fastest growing transport app in Europe, with 2.5 million customers in 18 countries, mostly in Eastern Europe and the Baltic States as well as Africa. Didi’s contribution will be on the back-end of Taxify, allowing them to monitor when and where their drivers are most profitable.
Taxify’s cofounders Martin and Markus Villig and Oliver Leisalu remain the majority owners and he told Quartz: “We now have more funds and we have a really good technological partnership,”
Taxify launched in South Africa in April last year, as it expanded from Cape Town to Durban and Johannesburg. The company now has a presence in Cairo, Nairobi and Lagos, where its arrival shook up the market last year.
The company successfully pushed Uber out of China when it absorbed the San Francisco-based company’s Chinese division exactly a year ago.