Didi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans.
Didi has spoken before of global ambitions, but has not formally announced where or when it would expand. The Chinese company is the second-most highly valued, venture-backed private firm in the world, after Uber Technologies Inc.
Didi has no cars outside China, meaning Mexico could be its first international operation.
Didi, whose brand is ubiquitous in China but little-known in the West, will launch a smartphone app in Mexico . . .
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