Reported about 2 months ago
Didi Global, China's largest ride-hailing firm, rebounded to a net profit of 1.4 billion yuan ($196.24 million) in the second quarter, recovering from a loss of 300 million yuan the previous year. The company's revenue grew 4.1% to 50.9 billion yuan, as it continues to recover from a regulatory crackdown that previously hindered its operations. Didi, which primarily operates in China, has also expanded its presence in Brazil and Mexico, increasing its ride-hailing orders significantly.
Source: YAHOO