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Didi aims to expand business overseas

Xinhua, February 16, 2017 Adjust font size:

China's leading on-demand mobility platform Didi Chuxing plans to expand overseas in 2017.

The company will actively explore new business models in its internationalization strategy and bring homegrown innovation to new markets, according to a statement released on Thursday.

Other priorities include safety and a better user experience, working with urban transportation authorities to promote smart transportation management, and investment in automotive asset management and operation.

DiDi will also upgrade its organizational structure, including setting up an international business division and a smart transportation team to use big data to improve urban transportation management and build smart cities.

Didi invested in 99, Brazil's largest local rideshare company last month. The company has invested in several other overseas firms including Grab, Lyft and Ola. Endi