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Most Innovative Companies

99

The World's Most Innovative Companies 2018

Brazil’s largest on-demand taxi company is 99 Taxis, which has backing from Didi Chuxing and Softbank as it looks to take its services to all of Latin America. In early 2018, Didi Chuxing bought the company as part of its plan to rival Uber in heavily contested Latin America. As of August 2017, 99 had 200,000 drivers in 500 cities, and 14 million users in a country with a population of more than 200 million. 99 is currently doubling down on its peer-to-peer services, which make up 50% of growth.

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headquarters: Sao Paulo, Brazil
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