Kaya 959 Reporter
DiDi Chuxing, a Chinese-based global ride-hailing company, has announced that its South African operations are shutting down, exactly one year after it began operations in the country.
DiDi, which is the world’s second-largest ride-hailing company behind Uber, opened its local operations in April of last year, with a test project in Gqeberha, Eastern Cape.
In Asia, Latin America, Russia and other parts of the world, the global app-based transportation services have more than 600 million users.
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According to ITWeb, DiDi has confirmed its decision to pull the plug on its operations in South Africa.
“Currently, we are operating in several cities in South Africa. However, due to our strategy adjustments; we regret to inform you that as of 8 April, the DiDi app will no longer be available in all areas of South Africa. The closure of business is part of our strategy adjustment from our managerial levels, though sad news for our loyal users,” read a statement by DiDi.
DiDi started operating at a time when the local market was getting increasingly competitive.
While foreign giants such as Uber and Bolt continue to dominate the market, new start-ups such as InDriver, NextNow, Taxi Live Africa, and Africa Ride, among others, have entered the market.
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