Uber’s main rival buys stake in Taxify

Uber, whose revenues rose to $20 billion last year, operates in nearly 600 cities in 70 countries. PHOTO FILE | AFP

Taxi hailing firm Didi has partnered with Uber’s main rival, Taxify, to expand its presence in Africa.

Taxify, which launched in Nairobi last year, is banking on the Chinese giant’s technical expertise to tackle Uber, which has a footprint in a number of African cities.