Key facts
- Didi Global plans to invest over $200 million in Argentina in the current year.
- The investment will support expansion into smaller cities and the development of safety technology.
- New services like Didi Moto and last-mile transportation are planned.
- The company anticipates a 25% increase in driver numbers, reaching over 500,000.
- Didi previously invested $160 million in Argentina in 2025.
- Safety upgrades to mapping systems and AI models were introduced in August.
Chinese ride-hailing company Didi Global intends to invest over $200 million in Argentina this year, according to Eduardo Coello, the company's general manager in the country. The investment is earmarked for launching new services in smaller cities and enhancing safety technology.
Didi sees significant growth potential in Argentina, aiming to expand services such as Didi Moto and "last-mile" transportation. The company anticipates a 25% increase in its driver base in Argentina, reaching more than 500,000 drivers as it moves into additional towns and cities. Didi already operates in over 350 locations across Argentina.
In 2025, Didi invested $160 million in Argentina. The company also recently introduced safety upgrades, including improvements to its mapping systems and AI models. Didi's expansion efforts extend beyond China, with the company reporting a profit of $129 million in the second quarter, a rebound from a $177 million loss in the first quarter.
Rival Uber, which leads the Argentine ride-hailing market, announced plans to invest $500 million in the country over the next three years.