Didi Plans 200M Investment in Argentina

Chinese ride-hailing firm Didi Global plans to invest over 200 million dollars in Argentina this year to launch new services and upgrade safety technology. The expansion aims to increase driver numbers and extend transportation options to smaller cities.

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A man walks past the headquarters of the Chinese ride-hailing service Didi in Beijing, China, December 3, 2021. REUTERS/Thomas Peter

DIDI GLOBAL INC will invest over $200 million in Argentina this year to scale operations. The ride-hailing firm is expanding across Latin America, complementing established markets in Brazil and Mexico to tap into regional growth. The push comes as Didi targets broader geographic coverage outside China following a second-quarter profit rebound to $129 million.

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