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Chinese ride-hailing company Didi Global expects to invest more than $200 million in Argentina this year to launch ​new services in smaller cities and develop safety technology, ‌its country manager told Reuters.

Q2 revenue increased by 10.8%, supported by growth in China Mobility and accelerating international expansion. China Mobility continues to deliver better monetization, with GTV up 9.5% and adjusted EBITA increasing 15%. International losses remain elevated, but loss-to-GTV improved sequentially as DiDi continued to gain scale and market share.