Taxify has announced a new strategic partnership with Didi Chuxing, the world’s biggest mobile transportation platform.
Under this partnership, DiDi will invest in and collaborate with Taxify to support the latter’s further growth and innovation across its diversified markets, the company said in a statement.
“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,” said Markus Villig, founder and CEO of Taxify.
The partnership is likely to be aimed directly at tackling Uber’s current market share with both Lyft and Taxify acting as direct competitors.
The Estonia-based Taxify currently operates in 25 cities and 18 countries in Europe, West Asia, Africa and Mexico and boasts over 2.5 million users.
In comparison Didi Chuxing, is considered the world’s leading mobile transportation platform.
It offers a full range of mobile tech-based mobility options for over 400 million users, including Taxi, Premier, Express, Hitch, Luxe, Bus, Minibus, Chauffeur, Car Rental, Enterprise Solutions and bike-sharing.
As many as 20 million rides were completed on DiDi’s platform on a daily basis in October 2016.