Didi Global reported a return to profitability in the first quarter of 2025, with net income reaching approximately CNY 2.4 billion (USD 334 million), a significant turnaround from a net loss of around USD 194 million in the same period last year. The company's core transactions increased by 13.4% year-over-year to 4.24 billion, while total transactions rose 10% to 3.3 billion. Revenue grew 8.5% year-over-year to about CNY 7.4 billion (USD 1.1 billion), including international revenue of approximately USD 418 million. This financial performance marks a recovery acceleration for the Chinese ride-hailing leader as it prepares for a potential debut in the Hong Kong market. Separately, Hello Bike, a Chinese bike-sharing platform, reported having over 800 million registered users by the end of 2024, with cumulative ride mileage reaching 46.4 billion kilometers, which contributed to reducing carbon emissions by an estimated 2.21 million tons, according to its ESG report.
中国配車・滴滴、第1四半期売上高は前年比8.5%増 回復加速 https://t.co/O4HGRCZblb https://t.co/O4HGRCZblb
Didi reports Q1 revenue up 8.5% YoY to ~$7.4B, a ~$334M net income, up from a ~$194M loss YoY, transactions up 10% YoY to 3.3B, and ~$418M international revenue (Reuters) https://t.co/TtuhfX7Uxn https://t.co/yq1gvxIO2b https://t.co/ZOzeer1FAj
Didi Global returned to profit in the March quarter, a boost for a Chinese ride-hailing leader gearing up for a potential Hong Kong market debut https://t.co/toIBTQTJQ2