Chinese ride-hailing company Didi Global on Thursday reported an 8.5% rise in revenue in the first quarter of 2025 to 53.3 billion yuan, as its recovery from a regulatory overhaul of its operations gathered pace.
China's ride-hailing company Didi Global reported on Tuesday a 7.1% rise in fourth-quarter revenue to 52.9 billion yuan ($7.32 billion), as the company's recovery from a regulatory overhaul of its operations gathered pace.
Chinese ride-hail firm Didi is on the hunt for fresh funds for its autonomous vehicle technology unit that could value it at $5 billion, according to Bloomberg News.
China's largest ride-hailing company Didi Global reported third-quarter net income of 929 million yuan ($128.42 million) on Friday, swinging from a loss in the same period last year.
Chinese ride-hailing giant DiDi Global will swap cash plus its smart driving and cockpit unit for 16.5% of AutoAi, a subsidiary of state-backed maps firm NavInfo , the latter said in a stock exchange filing on Wednesday.
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 bruising regulatory crackdown, two sources said.
Didi Global Inc's co-founder Jean Liu has stepped down from her roles as president and board director of China's biggest ride-hailing firm to take on a new role, according to an internal company memo.