Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobil
Earlier today, we reported that Didi was in the process of acquiring 99, a ridesharing company in Brazil, and now the two companies have confirmed the deal as part of Didi’s plans to expand its
A year ago, Didi made a big move into Brazil when it laid down over $100 million to take a stake in 99, a local competitor to Uber in the app-based ride hailing market. Now, on the heels of getting a
SoftBank, known for investing in ridesharing apps that aren’t Uber, has added another startup to its list. This time it's a $100 million bet on 99, the largest ridesharing company in Brazil.
Google reportedly is working on building its own Uber competitor, and while some believe this will come in the form of a fleet of autonomous cars, there is a more immediate option for how Google can
Waze, the popular Google-owned navigation app that helps drivers route around traffic and alerts them to other road hazards in real-time, is today announcing partnerships with half a dozen companies i
Brazilian mobile phone taxi hailing application developer 99Taxis has raised what investors and the company’s chief executive are calling a “significant” new round from the internat