Didi plans to invest over $200 million in Argentina, manager says
Chinese ride-hailing company Didi Global expects to invest more than $200 million in Argentina this year to launch new services in smaller cities and develop safety technology, its country manager told Reuters.
The company is seeking to expand its business in Latin America, where it has a strong presence in Brazil and Mexico, but sees significant growth potential in Argentina, the region’s third-largest economy.
Didi plans to extend services including Didi Moto, which offers low-cost motorcycle rides, and “last-mile” transportation, which complements public transport journeys.
