Didi Chuxing in talks to enter the Philippines – The Philippine Daily Inquirer
by e27.co 2019-11-05
Share on
source: techinasia

Chinese ride-hailing giant Didi Chuxing is in talks with U-Hop Transportation Network Vehicle System Inc. (U-Hop) for a partnership to enter the Philippines, The Philippines Inquirer reported.

Politician Luis “Chavit” Singson, who owns U-Hop, confirmed the talks and said that the partnership aims to “break the monopoly of Grab” in the market.

Officials from Didi and the Land Transportation Franchising and Regulatory Board (LTFRB) did not immediately responded to request for comments on Thursday.

Hop itself is one of the companies with licenses to operate a ride-hailing service in the Philippines.