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Didi Chuxing (DiDi), a Chinese ride-sharing company, is currently in talks with a Filipino firm to enter the Philippines.
In a report by Inquirer, Ilocos Sur politician Luis “Chavit” Singson confirmed that his group is currently in negotiations with DiDi to expand and operate and in the Philippines. In an interview, Singson said, “We want to break the monopoly of Grab,” referring then to the Singapore-based ride-sharing platform that currently has a virtual monopoly in the Philippines. Chavit Singson and his group also own U-Hop, another ride-sharing service in the country. Apart from confirming the discussions, Singson has not given any other details regarding his group’s talks with DiDi.
DiDi is described as one of the world’s leading mobile transportation platforms, serving about 550 million users across Asia, Australia, and Latin America. Their services include Taxi, Express, Premier, Luxe, Bus, Designated Driving, Enterprise Solutions, Bike Sharing, E-bike Sharing, Automobile Solutions, and food delivery.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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Jaun says:
Seriously? Please use discuss for comment threads.
jobert_sucaldito says:
Why not? are you from Grab or a stock holder? you have the same comment at unbox.ph, walang monoply dapat. Monoply – the exclusive possession or control of the supply of or trade in a commodity or service
FOXHUNTER says:
chavit singson? no thanks, that creep is a mobster.