Ride-hailing company Didi reports third-quarter rebound
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Didi Global, China's largest ride-hailing company, reported a third-quarter net income of 929 million yuan ($128.42 million), marking a rebound from a loss in the same period last year.
November 29, 2024 | 10:00 am
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Didi Global reported a third-quarter net income of 929 million yuan, indicating a financial rebound from a loss in the same period last year.
The report of a net income of 929 million yuan for Didi Global in Q3, compared to a loss in the same period last year, suggests a positive financial turnaround. This is likely to boost investor confidence and positively impact the stock price in the short term.
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