Chinese ride-hailing company Didi Global plans to invest more than $200 million in Argentina this year as it expands into smaller cities and develops new safety technologies.

The company sees Argentina as one of its highest-priority global markets and plans to expand services including Didi Moto, its lower-cost motorcycle ride option, and last-mile transportation designed to complement public transit.

Didi currently operates in more than 350 locations across Argentina and expects the number of drivers using its platform to increase 25% this year to more than 500,000. The company forecasts at least another 10% increase in drivers in 2027.

The latest commitment follows approximately $160 million invested in Argentina in 2025. Didi is competing with market leader Uber, which has separately announced plans to invest $500 million in the country over three years.

Didi estimates it has completed around 130 million trips in Argentina in 2026, demonstrating the growing importance of the country to its Latin American operations.

Part of the new investment will also support safety improvements. The company introduced upgrades to its mapping technology and AI models in August as it works to improve security and reliability for passengers and drivers.

The expansion comes as Didi strengthens its international operations beyond China. The company reported a $129 million profit in the second quarter, recovering from a $177 million loss in the previous quarter.