DiDi Global's Q3 2024 results show slower volume growth in China but improved profitability, with record-high operating profits and increased monetization rates. The change from U.S. GAAP to IFRS sugg
China's largest ride-hailing company Didi Global reported third-quarter net income of 929 million yuan ($128.42 million) on Friday, swinging from a loss in the same period last year.
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Chinese ride-hailing giant DiDi Global will swap cash plus its smart driving and cockpit unit for 16.5% of AutoAi, a subsidiary of state-backed maps firm NavInfo , the latter said in a stock exchange
China's Didi Global is in advanced talks to sell its smart driving and cockpit assets to state-backed digital mapping firm NavInfo's unit, as the ride-hailer focuses on its core business after a bruis

DiDi Global: Slower Growth But More Profitable

01:11am, Saturday, 24'th Aug 2024
DiDi Global announced positive Q2 earnings with record high transactions and GTV, but domestic transaction volume growth has slowed. DiDi's profitability and operational efficiency continue to improve
China's largest ride-hailing company, Didi Global , swung to a net profit of 1.4 billion yuan ($196.24 million) for the second quarter from a 300 million yuan loss a year earlier as it continues to bu
Didi Global fell to a first-quarter net loss of 1.4 billion yuan ($193 million), China's largest ride-hailing company reported on Wednesday.
Didi Global Inc's co-founder Jean Liu has stepped down from her roles as president and board director of China's biggest ride-hailing firm to take on a new role, according to an internal company memo.
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Chinese ride-hailing giant Didi Global said its self-driving unit's joint venture with EV maker GAC Aion has received a license to mass produce electric robotaxis in the country, and that it plans to

DiDi Global: It's Not Too Late To Jump On Board

03:40am, Tuesday, 26'th Mar 2024
DiDi Global reports strong Q4 2023 results with a 55.4% YoY increase in total revenues and a 65.8% YoY increase in GTV. The China Mobility segment shows significant growth, while the International seg

China's Didi swings to profit in fourth quarter

01:10am, Saturday, 23'rd Mar 2024
Didi Global, China's largest ride-hailing company, on Saturday reported a fourth-quarter profit, indicating that the Chinese ride-hailing leader has gradually recovered from difficulties after prolong
Didi Global, the Chinese ride-hailing company, must face a lawsuit in a U.S. court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial
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