- Acquired by DiDi in 2018, 99 underwent restructuring, with a focus on reducing costs and adopting technologies that would bring more efficiency to the company’s operation;
- 99 currently operates in 1,600 Brazilian cities and has 700,000 active drivers, in addition to 20 million registered users.
In an interview with Valor Econômico, the director of operations and product for 99, Davi Miyake, said that the company is looking for sustainable growth. After establishing itself as the number two app in Brazil, right after Uber, the company, which became a unicorn in 2018, after being acquired by Chinese DiDi, has been pursuing a different path from the others.
To the newspaper, the executive explained that after the sale of the company, 99 underwent restructuring, with a focus on reducing costs and adopting technologies that would bring more efficiency to the company’s operation.
In addition to escaping the idea of electric scooters–a symbol of Lime‘s failure in Latin America and the restructuring of Grow in Brazil–, the company also separated the operations of its food delivery launched in November last year, 99 Food, from the main operation mobility. According to Valor, Danilo Mansano, former executive of Uber, 99 and Grow, is running the operation of this arm of the business.
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According to information updated by Valor, 99 currently operates in 1,600 Brazilian cities and has 700,000 active drivers, in addition to 20 million registered users. Uber also said the publication had 600,000 drivers.
