Didi Chuxing Technology Co., Ltd. acquired the remaining stake in 99 Táxis Desenvolvimento de Software Ltda.
January 03, 2018
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Didi Chuxing Technology Co., Ltd. acquired the remaining stake in 99 Táxis Desenvolvimento de Software Ltda. on December 31, 2017. The transaction is an all cash deal. Jean Pierre Zarouk of Signatura Lazard Assessoria Financeira Ltda. acted as financial advisor for 99 Táxis Desenvolvimento de Software Ltda. Alistair Russell and Robert Coombes of Carey Olsen Group Services Limited acted as legal advisors to 99 Táxis Desenvolvimento de Software Ltda.
Didi Chuxing Technology Co., Ltd. completed the acquisition of the remaining stake in 99 Táxis Desenvolvimento de Software Ltda. on December 31, 2017.
Rocket Internet SE is a Germany-based company active in the investment management and fund operator industry. The Company identifies, builds, scales and retains ownership of Internet companies. It mainly operates in three sectors: e-commerce, including retail companies in the areas of fashion, general merchandise, home and living, office supplies and food groceries; marketplace, comprising companies active in fields such as real estate, travel, transport and food delivery which offer buyers and sellers venues for direct transactions, among others; and financial technology, containing companies bringing together borrowers and lenders in areas like the consumer and small and medium-sized enterprise segments. As a holding company, Rocket Internet AG holds interests in operating subsidiaries divided into regional Internet groups entailing the geographic regions Africa, Asia Pacific, Latin America and the Middle East. The Company has a controlling interest in HelloFresh GmbH.