Launched in 2012 servicing São Paulo, the company has expanded since then to other regions. It was founded by Paulo Veras, Renato Freitas and Ariel Lambrecht.[2]
In January 2017, 99 received funding by DiDi.[3][4] The funding allowed 99 to open more positions, and deal with competitors.[5] In May 2017, another round of investments, led by SoftBank, raised US$100 million.[6] On January 3, 2018, DiDi purchased the remainder of 99[7] for an undisclosed amount, but rumored to be at US$600 million,[8] making 99 Brazil's first so-called "unicorn", i.e., a startup company valued at over US$1 billion.[9]
Referencesedit
^"Onde Estamos" (in Portuguese). from the original on 19 August 2017. Retrieved 18 August 2017.
^Guilherme Manechini (18 July 2013). "Apps de táxi são populares. Só falta darem dinheiro" (in Portuguese). EXAME. from the original on 19 August 2017. Retrieved 18 August 2017.
^"Didi Chuxing Invests in Brazilian Uber Rival, Reignites Ridesharing War". Forbes. 4 January 2017. from the original on 19 August 2017. Retrieved 18 August 2017.
^Gian Kojikovski (4 January 2017). "99 recebe investimento de 320 milhões de reais liderado pela Didi" (in Portuguese). EXAME. from the original on 19 August 2017. Retrieved 18 August 2017.
^Felipe Moreno (18 January 2017). . Starse. Archived from the original on 19 August 2017. Retrieved 18 August 2017.
^Catherine Shu (24 May 2017). "SoftBank adds Brazil's 99 to its ridesharing portfolio with a $100 million investment". TechCrunch. from the original on 19 August 2017. Retrieved 18 August 2017.
^"Didi Chuxing Acquires 99, Brazil's Ride-Hailing Leader". 99. 3 January 2018. from the original on 4 January 2018. Retrieved 4 January 2018.
^Vinod Sreeharsa and Mike Isaac (3 January 2018). "Didi Chuxing, China's Ride-Hailing Giant, Agrees to Buy Uber Rival in Brazil". The New York Times. from the original on 4 January 2018. Retrieved 4 January 2018.
^Mari, Angelica. "All you need to know about Brazil's first tech unicorn". ZDNet. Retrieved 2020-12-02.
This Brazilian corporation or company article is a stub. You can help Wikipedia by expanding it.
formerly, known, 99taxis, vehicle, hire, company, operating, brazil, owned, didi, tecnologia, ltda, company, typesubsidiaryindustryvehicle, hirefounded2012, years, 2012, headquarterssão, paulo, brazilarea, served, brazilian, cities, peopletony, ceoproducts99, . 99 formerly known as 99Taxis is a vehicle for hire company operating in Brazil It is owned by DiDi 99 Tecnologia Ltda Company typeSubsidiaryIndustryVehicle for hireFounded2012 12 years ago 2012 HeadquartersSao Paulo BrazilArea served 500 Brazilian cities 1 Key peopleTony Qiu CEOProducts99 POP 99 Taxi 99 Taxi TOP limited 99 Comfort 99 FoodServicesTaxicab Vehicle for hireParentDiDi ChuxingWebsite99app wbr comHistory editLaunched in 2012 servicing Sao Paulo the company has expanded since then to other regions It was founded by Paulo Veras Renato Freitas and Ariel Lambrecht 2 In January 2017 99 received funding by DiDi 3 4 The funding allowed 99 to open more positions and deal with competitors 5 In May 2017 another round of investments led by SoftBank raised US 100 million 6 On January 3 2018 DiDi purchased the remainder of 99 7 for an undisclosed amount but rumored to be at US 600 million 8 making 99 Brazil s first so called unicorn i e a startup company valued at over US 1 billion 9 References edit Onde Estamos in Portuguese Archived from the original on 19 August 2017 Retrieved 18 August 2017 Guilherme Manechini 18 July 2013 Apps de taxi sao populares So falta darem dinheiro in Portuguese EXAME Archived from the original on 19 August 2017 Retrieved 18 August 2017 Didi Chuxing Invests in Brazilian Uber Rival Reignites Ridesharing War Forbes 4 January 2017 Archived from the original on 19 August 2017 Retrieved 18 August 2017 Gian Kojikovski 4 January 2017 99 recebe investimento de 320 milhoes de reais liderado pela Didi in Portuguese EXAME Archived from the original on 19 August 2017 Retrieved 18 August 2017 Felipe Moreno 18 January 2017 Apos aporte de US 100 milhoes 99 vai dobrar de tamanho e contratar 250 Starse Archived from the original on 19 August 2017 Retrieved 18 August 2017 Catherine Shu 24 May 2017 SoftBank adds Brazil s 99 to its ridesharing portfolio with a 100 million investment TechCrunch Archived from the original on 19 August 2017 Retrieved 18 August 2017 Didi Chuxing Acquires 99 Brazil s Ride Hailing Leader 99 3 January 2018 Archived from the original on 4 January 2018 Retrieved 4 January 2018 Vinod Sreeharsa and Mike Isaac 3 January 2018 Didi Chuxing China s Ride Hailing Giant Agrees to Buy Uber Rival in Brazil The New York Times Archived from the original on 4 January 2018 Retrieved 4 January 2018 Mari Angelica All you need to know about Brazil s first tech unicorn ZDNet Retrieved 2020 12 02 nbsp This Brazilian corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title 99 app amp oldid 1168909699, wikipedia, wiki, book, books, library,
