29 May 2024

Didi reports Q1 revenue up 15% YoY to ~$6.8B and a ~$190M net loss, in part due to higher sales and marketing costs, as well as higher driver fees (Bloomberg)

Bloomberg:
Didi reports Q1 revenue up 15% YoY to ~$6.8B and a ~$190M net loss, in part due to higher sales and marketing costs, as well as higher driver fees  —  The Beijing-based company said sales increased to 49.1 billion yuan ($6.8 billion) in the first three months of the year.

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