Uber to face Didi-backed Taxify in London

Taxify, a new car-hailing service is preparing to take on Uber in London, after being boosted by investment from China's Didi Chuxing.

The company plans to charge fares similar to that of Uber but will allow drivers to keep a greater share.

Taxify has applied for an operating license with the city's transport authority Transport for London and has opened a training office near King's Cross station. UK operations manager Finn Geraghty said Taxify has already signed up drivers "in the thousands".