Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources

Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources
MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans. Looking at hong kong hotel list and promotion? GuangDong Hotel always provides different specials for our guests. We provides fully furnished rooms with various in-room facilities and amenities.
FILE PHOTO - A woman walks past Didi Chuxing's booth at the Global Mobile Internet Conference (GMIC) 2017 in Beijing, China April 28, 2017. REUTERS/Jason Lee
Didi has spoken before of global ambitions, but has not formally announced where or when it would expand. The Chinese company is the second-most highly valued, venture-backed private firm in the world, after Uber Technologies Inc.
Didi has no cars outside China, meaning Mexico could be its first international operation.
Didi, whose brand is ubiquitous in China but little-known in the West, will launch a smartphone app in Mexico and recruit local drivers to the platform, according to the sources, who declined to be named clinique vitamin c.

It is unclear which cities Didi will target, although one of the sources said the company was aiming to launch in the first quarter of next year. The company has already begun trying to recruit corporate talent in the sector, the source added.
A spokesman for Didi declined to comment on Thursday.

About a month ago, Didi met with ProMexico, a government trade and investment body, to discuss opportunities in the country, according to a Mexican official, who declined to provide further details about the conversations.

The company has made no secret of its desire to expand beyond China, particularly in light of the growing number of Chinese customers who travel overseas. In April, Didi raised $5.5 billion from investors, in part to fund global expansion.
But until now, its plans have been limited to financial commitments to ride-hailing companies in other countries and a research lab in Silicon Valley that opened earlier this year.

Didi has invested in Uber rivals around the world, including U.S.-based Lyft, Brazil-based 99, India’s Ola, Singapore-headquartered Grab, Estonia’s Taxify and Careem in the Middle East.
The company acquired Uber’s China business last year after Uber lost roughly $2 billion trying to compete.
After ceding its China business, Uber doubled down on Latin America, where Didi is now encroaching. Uber has established a stronghold in Mexico, with seven million users across 45 cities. Mexico City is Uber’s third-biggest market in the world by rides, after the Brazilian cities of Sao Paulo and Rio de Janeiro clinique fresh pressed.
Didi will also compete with Spanish ride-hailing company Cabify, which operates in seven Mexican cities.
Regulatory battles are looming. In the touristy state of Quintana Roo, for example, Uber has said the proposed regulation is so onerous that it would drive the company out of the market if passed in its current form. The regulation would ban cash fares, which Uber has said are critical for reaching riders without credit cards.
Mexican authorities fear that allowing ride-sharing apps to accept cash payments would put them in direct competition with traditional taxis, which are a political force in some cities.
Despite Uber’s presence in Mexico, competitors have room to grow, particularly if they can find a way to reach “unbanked” consumers while addressing regulators’ concerns about cash, said Enrique Garcia, a PhD student at Mexico’s CIDE university who has published research on Uber’s presence in the country.
“There is not a point of saturation,” Garcia said.
Reporting by Julia Love in Mexico City and Heather Somerville in San Francisco; Additional reporting by Noe Torres in Mexico City; Editing by Richard Chang
Our Standards:The Thomson Reuters Trust Principles.

T shirts for new furniture

All you remember about your child being an infant is the incredible awe you felt about the precious miracle you created. You remember having plenty of time to bestow all your wisdom and knowledge. You thought your child would take all of your advice and make fewer mistakes, and be much smarter than you were. You wished for your child to hurry and grow up.

  All you remember about your child being two is never using the restroom alone or getting to watch a movie without talking animals. You recall afternoons talking on the phone while crouching in the bedroom closet, and being convinced your child would be the first Ivy League1 college student to graduate wearing pullovers2 at the ceremony. You remember worrying about the bag of M&M's melting in your pocket and ruining your good dress. You wished for your child to be more independent.

  All you remember about your child being five is the first day of school and finally having the house to yourself. You remember joining the PTA3 and being elected president when you left a meeting to use the restroom. You remember being asked "Is Santa real?" and saying "yes" because he had to be for a little bit longer. You remember shaking the sofa cushions for loose change4, so the toothfairy5 could come and take away your child's first lost tooth. You wished for your child to have all permanent teeth.

  All you remember about your child being seven is the carpool6 schedule. You learned to apply makeup in two minutes and brush your teeth in the rearview mirror1 because the only time you had to yourself was when you were stopped at red lights. You considered painting your car yellow and posting a "taxi" sign on the lawn next to the garage door. You remember people staring at you, the few times you were out of the car, because you kept flexing2 your foot and making acceleration3 noises. You wished for the day your child would learn how to drive.

  All you remember about your child being ten is managing the school fund?raisers. You sold wrapping paper for paint, and magazine subscriptions4 for shade trees in the school playground. You remember storing a hundred cases of candy bars in the garage to sell so the school band could get new uniforms, and how they melted together on an unseasonably5 warm spring afternoon. You wished your child would grow out of playing an instrument.

  All you remember about your child being twelve is sitting in the stands6 during baseball practice and hoping your child's team would strike out7 fast because you had more important things to do at home. The coach didn't understand how busy you were. You wished the baseball season would be over soon.

  All you remember about your child being fourteen is being asked not to stop the car in front of the school in the morning. You had to drive two blocks further and unlock the doors without coming to a complete stop. You remember not getting to kiss your child goodbye or talking to him in front of his friends. You wished your child would be more mature.

  All you remember about your child being sixteen is loud music and undecipherable8 lyrics9 screamed to a rhythmic beat. You wished for your child to grow up and leave home with the stereo.

  All you remember about your child being eighteen is the day they were born and having all the time in the world.

  And, as you walk through your quiet house, you wonder where they went ?? and you wish your child hadn't grown up so fast.

Love is unselfish

and it always will be,
For love still remains
life's sweet mystery

Love works in ways
that are wondrous and strange
And there's nothing in life
that love cannot change!

Love can transform
the most commonplace
Into beauty and splendor
and sweetness
and grace.

understanding and kind,
For it sees with its heart
and not with its mind.

Love is the answer
that everyone seeks...
Love is the language
that every heart speaks.

Love can't be bought,
it is priceless and free,
Love, like pure magic,
is life's sweet mystery!