RESTRICTED -- Didi Chuxing, China’s Ride-Hailing Giant, Said to Acquire 99 of Brazil

In an undated handout photo, engineers from Didi and 99 working inside 99’s offices in Brazil. Didi Chuxing, the Chinese ride-sharing company, has agreed to acquire full control of 99 — the main Brazilian rival to Uber and a company in which Didi already holds a stake — for around $600 million, according to three people with knowledge of the transaction. (99 via The New York Times) -- NO SALES; FOR EDITORIAL USE ONLY WITH RIDE HAILING DEAL BY VINOD SREEHARSHA FOR JAN. 4, 2018. ALL OTHER USE PROHIBITED. --