Didi Global

China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates

The company has accelerated overseas investment this year, notably expanding food delivery to additional cities

Didi maintains its dominant position in China’s ride-hailing sector, but pressure from rivals is mounting.

Didi posts Q2 loss of US$350 million on lawsuit provision

Revenue rose 10.9%, partly fuelled by growth in overseas business.

Didi has been offering limited taxi services in Hong Kong for some time, but lacks a ride-share option.

China’s Didi recruits ride-hailing drivers in Hong Kong push

KayGo is recruiting drivers for Didi and will gradually start providing their service to Didi users

Didi drew the attention of China’s cyberspace regulator in 2021 over its pursuit of a US initial public offering without approval, prompting an inquiry that prohibited it from adding users and saw many of its apps removed from stores.

Didi reports 7.1% revenue rise, swings to Q4 loss

The Beijing-based company reported a net loss of 1.3 billion yuan for the quarter ended Dec 31

Didi’s autonomous driving unit operates a self-driving fleet of over 200 vehicles that have conducted trials in Beijing, Guangzhou and Shanghai.

Didi’s self-driving unit said to seek funds at US$5 billion value

Autonomous driving and machine learning have been at the forefront of a recent rally in China’s equity markets, initiated by the arrival of startup DeepSeek’s low-cost R1 model

Didi Global swung to a net income of 929 million yuan (S$172 million) for the September quarter, versus a year-ago loss.

Didi again records a profit while it prepares for Hong Kong IPO

DIDI Global posted its second straight quarterly profit, a boost for the Chinese ride-hailing leader as it contemplates a potential re-listing in Hong Kong.

Didi plans to sell the assets to AutoAi, a provider of intelligent cockpits-related software and hardware, in exchange for a stake in AutoAi.

China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit: sources

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...

The company now aims to list on the Hong Kong stock exchange, though the timeline for that remains unclear.

Didi turns profitable as ride-hailing arm grows ahead of IPO

DIDI Global swung to a profit in the June quarter, a welcome boost for the company as it prepares for a potential re-listing in Hong Kong.

Didi Global saw revenue rise 4.1 per cent to 50.9 billion yuan for the quarter.

China’s Didi Global swings to profit in second quarter

CHINA’S largest ride-hailing company, Didi Global, swung to a net profit of 1.4 billion yuan (S$256.5 million) for the second quarter from a 300 million yuan loss a year earlier as it continues to bui...

DIDI Global said sales increased to 49.1 billion yuan (S$9.1 billion) in the first three months of the year.

Didi reports bigger loss as incentives, EV bet continue to weigh

Sales at Chinese ride-hailing firm jumped 15% on demand surge