That’s the headline on my latest story, a scoop out April 25 with my colleague Luz Ding.
It begins: <– 🎁 Gift link:
China’s Didi Global Inc. is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China.
The move sets the Chinese ride-hailing pioneer up for close competition with Uber Technologies Inc. in a financial hub where regulations governing the sector are still in flux, providing a window for rivals to win market share. Didi has been offering limited taxi services in Hong Kong for some time, but lacks a ride-share option.
An advertisement viewed by Bloomberg News invites prospective ride-share drivers to scan a QR code and download an app called KayGo Driver.
KayGo is recruiting drivers for Didi, according to a person familiar with the matter. KayGo’s drivers will gradually start providing their service to Didi users in Hong Kong, the person said.
Click through to read the rest.