China’s Didi invests in Taxify, an Uber rival operating in Europe and Africa

Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia…

SoftBank is reportedly keen to buy ‘multi-billion dollar stake’ in Uber

Less than a day after it agreed to put $2 billion into Southeast Asia’s Grab alongside Didi, now SoftBank is being linked with an investment in Uber, the U.S. firm that rivals those two aforementioned ride-sharing companies. A Wall Street…

Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia

Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand to $500…