Didi, China’s local ride-hail player that bought Uber’s assets in the country, has been busy investing in Uber competitors around the world. Most recently, the company announced it was investing an undisclosed amount in Middle Eastern ride-hailing company Careem.
Careem, based in Dubai, has been having discussions with Didi as well as with others it has previously allied with, like Lyft and Ola, since as far back as March 2016, as Recode first reported.
While Didi hasn’t physically expanded into any of these regions, the company has invested in and struck relationships with players in at least five additional regions. Before Careem, Didi lead a $100 million investment in Brazilian company 99.