Didi Owned Brazilian Transportation Startup 99 Celebrates 1 Billion Trips Completed
99, a Brazilian ride-sharing platform a subsidiary of Didi Chuxing (“DiDi”), today celebrated reaching 1 billion trips completed on its platform. The milestone comes two years after 99 became the first Brazilian unicorn startup with its acquisition by Chinese transportation giant DiDi in 2018.
Brazil is the largest ride-hailing market in Latin America. Today, 99 works with over 600,000 partner drivers, including about 18% of women drivers, to serve 18 million passengers in more than 1,600 cities. Top markets are São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre and Curitiba.
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DiDi first invested in 99 in January 2017. An attempt to expand the Latin American market, DiDi has brought its own-branded ride-hailing, taxi-hailing and food delivery services to other regional markets including Mexico, Chile, Colombia and Costa Rica after the acquisition of 99.
99 is a Brazilian technology company that connects passengers and drivers through its app. As one of the largest mobility providers in the country, 99 offers five types of mobility services on its platform: 99Pop, 99Taxi, 99Top, 99SCompartilha (carpool) and 99Comfort, as well as its own-branded food delivery service, 99Food.
