« China likely to roll out de-stocking measures for property sector | Tencent named one of most innovative companies » |
Didi ties up to expand globally
Didi Kuaidi said yesterday that it has teamed up with three overseas counterparts as it continues to expand globally.
The Chinese ride-hailing company said it has sealed strategic partnerships with Lyft, GrabTaxi and Ola. Its tie-up with Lyft is an expansion of the global ride-sharing agreement the two firms formed in September.
The four parties will collaborate and leverage each other's technology, local market knowledge and business resources. This will offer international travelers access to local on-demand rides by using the same application they use at home without shifting to a new software in a foreign language, according to a joint statement yesterday.
Each company will handle mapping, routing and payments via a secure app interface so that customers will experience a seamless ride in China, the United States, Southeast Asia and India.
"As Didi consolidates market leadership in China, we are now focused on leveraging our collective technology and expertise to further develop product innovation and enhance the user experience," said Cheng Wei, CEO of Didi Kuaidi.
Didi Kuaidi is a merger of China's two largest ride-hailing applications.