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Drip by drop, Brazilian rival Cabify financed $160 million

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Drip by drop, Brazilian rival Cabify financed $160 million
According to foreign media reports, Cabify is a travel-sharing start-up company headquartered in Madrid, Spain. It is also the main competitor of DDT and Uber in the Brazilian market. Maxi Mobility, Cabify's parent company, confirmed this week that it had completed its E-round financing of $160 million, valued at $1.4 billion. But the company is not doing very well. According to American media reports, the company is also restructuring. News shows that the restructuring will affect 10% of employees. At the same time, Cabify has also adjusted its CEO. Vicente Pascual, the company's co-founder and chief operating officer, will be CEO, while Ricardo Weder, who has been CEO for six months, will be replaced by President. Sources said that Maxi Mobilitability ____________
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