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Didi in Latin America has become a giant digital bank
Author: Beating
On the other side of the Earth, Didi is no longer just a ride-hailing company that earns commissions, but has become a giant digital bank. The financial services once considered an accessory to ride-hailing now have over 25 million users in Latin America.
If we focus our attention on China, Didi's face is clear and fixed. Despite having over a hundred million monthly active users, it remains an awkward outsider in the more fertile territory of finance, faced with the impregnable walls built by WeChat Pay and Alipay, confined to its small piece of the transportation pie.
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