Estonian startup Taxify, which is Uber’s rival in Bucharest, has concluded an agreement with the Chinese ride-sharing operator Didi Chuxing to expand ridesharing services in Europe and Africa.
The Chinese company will invest in Taxify and will work with Uber’s European rival in the 18 markets where it is present, including in Romania.
Taxify provides ridesharing services in 18 countries across Europe and Africa, including Romania, Hungary, the Baltic States and Nigeria. The company was founded in 2013 but the app was launched in Bucharest last summer.
Didi Chuxing took over the Uber operations in China last year. Didi has expanded aggressively in markets outside of China, concluding partnerships with several Uber competitors such as Lyft (USA) and Ola (India).