Didi Chuxing, Taxify to Cooperate in European, African Markets and Intelligent Traffic

Didi Chuxing and Taxify, a mobile travel company active in the European and African markets, announced plans for strategic cooperation in investment, research and development today. Didi said it would support Taxify in expanding its market and developing technological innovations in diverse markets.

Markus Villig founded Taxify in Estonia in 2013. In the last four years, Taxify’s ride sharing network of taxis and private automobiles has spread to offer service in major cities of Europe, Africa and West Asia, and in 18 countries such as Hungary, Romania, Poland, Estonia, Latvia, Lithuania, South Africa, Nigeria and Kenya. The service has more than 2.5 million users.

“Taxify provides high quality innovative travel services in diverse markets,” said Cheng Wei, founder and CEO of Didi, “We both are committed to using the power of mobile Internet technology to meet consumers’ rapidly evolving demands, and to advance the transformation and development of traditional transportation industries. I believe this cooperation will lead to the construction of cross-regional intelligent traffic links across Asia, Europe and Africa.”

“Taxify will leverage this strategic cooperation to consolidate our dominant position in Europe and Africa’s core markets,” Villig said, “We believe Didi is the ideal partner to help us become the most popular and most efficient travel option in Europe and Asia.”