Core Insights - Brazilian President Lula met with Didi's founder and CEO Cheng Wei, along with executives from Didi and its subsidiary 99, to discuss a significant investment in the food delivery sector [1] - 99 announced an additional investment of 2 billion Brazilian Reais (approximately 2.6 billion RMB) in its food delivery platform 99Food, which will be fully implemented by June 2026 [1] - The investment aims to expand 99Food's operations from two cities to 15 by the end of the year and to 35 cities by January 2026 [1] Investment Details - The new investment will include 50 million Brazilian Reais (approximately 65 million RMB) allocated for building support points for delivery personnel, providing rest areas, drinking water, and sanitation facilities [1] - Additionally, 99 will launch a welfare support plan valued at 6 billion Brazilian Reais (approximately 7.8 billion RMB), which includes credit support for delivery workers to purchase or lease electric motorcycles and bicycles [1] Strategic Importance - Cheng Wei emphasized Brazil's significant role in Didi's global strategy, highlighting the country's scale, innovation, and opportunities [1] - The meeting and investment plan are seen as a continuation of Chinese enterprises increasing their presence in the digital economy and green transportation sectors in Latin America [1]
滴滴旗下99宣布在巴西加码20亿雷亚尔投资