Drive safely

4 January 2018 By Alec Macfarlane

In its first big step abroad, the Chinese ride-hailing powerhouse is paying $600 mln for control of Brazilian peer 99. The buddy-up first and buy later approach could mean Grab, Lyft or Ola will be next. It also suggests Didi-backer SoftBank may have a master plan, after all.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)