Taxify Has Announced A Strategic Partnership With DiDi Chuxing To Help It Grow Its Market Position In Afrika

Taxify, which already operates its ride hailing service in Kenya, South Africa and Nigeria among a total of 18 countries globally, has announced that it has entered into a strategic partnership with China's DiDi Chuxing (DiDi). Although at this stage details of the partnership are not clear, the Estonian founded ride hailing platform has indicated that part of the strategic partnership agreement means that DiDi will "invest in and collaborate with Taxify to support the its growth and innovation across its diversified markets".

What is notable to observe is that DiDi acquired Uber's China business in August 2016. As part of the acquisition of Uber in China, Uber in turn ended up being a 20% shareholder in Didi.

“Taxify provides innovative, high-quality mobility services across many diverse markets. We share a strong commitment to harnessing the power of mobile technology to satisfying rapidly evolving consumer demands and revitalizing traditional transportation industry. I believe this partnership will contribute to cross-regional smart transportation linkages between Asian, European and African markets,” said Will Cheng Wei, Founder and CEO at DiDi, in a statement announcing the partnership.

DiDi offers a range of mobility services, including Taxi, Premier, Express, Luxe, Hitch, etc., to over 400 million users in more than 400 cities.

“Taxify will utilize this partnership to solidify our position in core markets in Europe and Africa. We believe DiDi is the best partner to help us become the most popular and efficient transport option in Europe & Africa," concluded Markus Villig, Founder and CEO at Taxify.

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