Company: SWAP Investors: ONEVC, GFC, Flourish Ventures, a.b.seed, Hustle Fund, Brad Flora, Patrick Sigrist, Canary, SOMA Capital, Rhombuz Ventures, Brad Flora, and Patrick Sigrist. Interview with: Co-Founders Douglas Storf and…
Didi Chuxing
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Mexico is fast emerging as the new battleground for the global transport wars, from rideshare and delivery to e-scooters and mopeds: In the past year, Chinese heavyweights Didi Chuxing (rideshare),…
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Didi Chuxing has agreed to acquire control of Brazil’s 99
January 4, 2018Didi Chuxing plans to acquire a majority stake in Brazilian rideshare startup 99 for ~US$600m. This officially puts 99 in unicorn territory. Didi and Riverwood Capital invested over US$100m in…
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State of the Industry: 2017 VC Deal Activity & Highlights
October 31, 2017The entrance of major global investors into a string of recent early and expansion stage rounds in Latin America is contributing to record investment dollars in Latin American startups.
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The global transport wars are heating up in Latin America with major investments from new Asian players. A few months after Chinese transportation giant Didi Chuxing announced a US$100m co-investment…
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Martin Diaz Plata, Managing Director, Capital Group on how Didi brought Apple, Tencent, Baidu and Uber to the table as strategic shareholders at the LAVCA Venture Investors Annual Meeting in…
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Didi Chuxing Leads ~US$100m Investment in 99 (em português)
January 4, 2017(Valor Econômico) Chinese transportation giant Didi Chuxing led an investment in Brazilian rideshare company 99 (formerly 99 Taxis) of over US$100m. The investment round also included participation from monashees+, Qualcomm…