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Uber rival Didi Chuxing hails first European investment

The firm that drove Uber out of China has invested in Taxify in Europe and Africa.

Richard Trenholm Former Movie and TV Senior Editor
Richard Trenholm was CNET's film and TV editor, covering the big screen, small screen and streaming. A member of the Film Critic's Circle, he's covered technology and culture from London's tech scene to Europe's refugee camps to the Sundance film festival.
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Richard Trenholm
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Didi Chuxing is a major ride-sharing company in China.

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More bad news for Uber : Rival taxi firm Didi Chuxing is expanding its influence across Europe and Africa.

Uber is currently without a CEO and under fire for its company culture. Meanwhile Chinese competitor Didi Chuxing, which absorbed Uber's China operation last year, is investing in Estonian company Taxify, which operates in 18 countries including Hungary, South Africa, Nigeria and Kenya.

This is the first European investment for Didi. The Chinese firm, which counts Apple among its investors, also holds a stake in US firm Lyft, as well as a small share in Uber and other ride-sharing outfits including Ola and Grab.