Uber Now Has Another Rival in the World’s Most Congested City

  • Daimler-backed Beat says it will start in Mexico City by March
  • The Athens-based startup says it’s already bested Uber in Lima
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Mexico City is about to become the setting for a ride-hailing demolition derby.

Didi Chuxing, the Beijing-based behemoth that drove Uber Technologies Inc. out of China, says it will butt heads with Uber in Latin America’s biggest metropolis, starting as soon as next month. And now a Mercedes Benz-owned startup called BeatBloomberg Terminal says it’s muscling in, too, with its own launch planned by March.