China’s ride-hailing giant Didi to launch in Australia
China’s ride-hailing giant Didi Chuxing is set to launch in Melbourne, Australia, from 25 June as it continues its international expansion.
The firm, which recently launched in Mexico, has just completed a month-long trial in close-by Geelong, Victoria.
Didi is the world’s largest ride-hailing app and is best known for driving Uber off the streets in China.
Valued at about $56bn (£39.4bn), the Chinese giant is also the world’s most valuable start-up.
The Australian ride-hailing industry is currently dominated by Uber, but recent entrants to the marketplace include India’s Ola and Europe’s Taxify.
Australian firm GoCatch is also a player in the market.
- China’s Uber says it’s time to go global
- India’s Ola to enter Australia market
- Uber sells its Chinese business to Didi
Didi says the service it will offer in Melbourne will be its core ride-sharing arm, Didi Express.
