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Didi posts Ist profit since 2021 ahead of Hong Kong IPO
Mint Mumbai
|November 14, 2023
Didi Global Inc. posted its first profit since 2021, sustaining the Chinese ride-hailing leader's gradual recovery ahead of a 2024 Hong Kong listing.
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China's answer to Uber Technologies Inc. posted a net income of 107 million yuan ($14.7 million) in the third quarter, after it resumed registering new users in January.
Revenue in the September quarter rose 25% to 51.4 billion yuan, the company said in a statement on Monday.
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