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 posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business.
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 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 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 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.
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...
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.
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 reports bigger loss as incentives, EV bet continue to weigh
Sales at Chinese ride-hailing firm jumped 15% on demand surge