A driver ends a ride taken with the Brazilian App for ridesharing 99 Taxi in Rio de Janeiro, Brazil, on January 4, 2018. Chinese ride-hailing giant Didi Chuxing said on Thursday it had bought Brazil's 99 Taxis, opening another front in the Beijing-based company's global battle with Uber. Didi, which had become a strategic investor in 99 Taxis last January, will now acquire the company outright along with its 14 million registered users in Brazil as it pushes into the growing Latin American car-share market. / AFP PHOTO / Mauro PIMENTEL
BEIJING: Chinese ride-sharing giant Didi Chuxing is on a roll overseas, snapping up assets in South America and flexing its financial muscles to drive growth.
At home, however, the road is bumpier. New rivals have cropped up since Didi vanquished Uber in China two years ago. Drivers complain that reduced subsidies mean they are working longer hours for the less pay. And increased attention from regulators and police has made it harder for the company to grow.
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