M&A Deal Summary

Didi Global Acquires 99 Taxis Development of Softwares LTDA

On January 4, 2018, Didi Global acquired internet software and services company 99 Taxis Development of Softwares LTDA

Acquisition Highlights
  • This is Didi Global’s 2nd transaction in the Internet Software and Services sector.
  • This is Didi Global’s 1st transaction in Brazil.

M&A Deal Summary

Date 2018-01-04
Target 99 Taxis Development of Softwares LTDA
Sector Internet Software and Services
Buyer(s) Didi Global
Deal Type Add-on Acquisition

Target

99 Taxis Development of Softwares LTDA

São Paulo, Brazil
99 Taxis Development of Softwares LTDA is the largest Brazilian mobility application and is present in the major urban centers of São Paulo, Rio de Janeiro, Curitiba, Salvador and Belo Horizonte. Today 99 connects 10 million passengers to 140 thousand taxi drivers and drivers in Brazil, being: 99POP, with private drivers in the city of São Paulo; the 99TÁXI, which is present in 550 cities of the country; the Discount Mode that offers the convenience of the cab with values ​​up to 30% lower; and the 99TOP, premium service with luxury taxis.

Search 208,775 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Didi Global

Beijing, China

Category Company
Founded 2012
Sector Internet Software and Services
Employees19,328
Revenue 192.4B CNY (2023)
DESCRIPTION

Didi Global is a ride sharing company that matches independent drivers with riders. Didi Global was founded in 2012 and is based in Beijing, China.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 UberChina

China

UberChina is a ride-sharing company serving the Chinese transportation market. UberChina was formed in 2014.

Buy -