Reported 2 days ago
Didi Global, the Chinese ride-hailing giant, reported an 8.5% increase in Q1 2025 revenue, reaching 53.3 billion yuan ($7.42 billion) as it recovers from regulatory challenges. The company achieved a net income of 2.4 billion yuan, recovering from a loss a year prior. Despite facing intensified competition from super-apps like Alibaba and Meituan, Didi completed 3.3 billion transactions, reflecting growing travel demand in China. Its international revenue also rose, contributing to its overall recovery strategy.
Source: YAHOO