China ride-hailing giant Didi Q2 swings to net profit

DiDi Global

13/08/2026 11:32

BEIJING, Aug 13 (Reuters) - Chinese ride-hailing giant Didi Global returned to profit in the second quarter as record transaction volumes in its China mobility business and rapid international growth lifted revenue.
The platform posted a net profit of 869 million yuan  ($129 million) for the three months ended June 30, compared with a net loss of 2.48 billion yuan a year earlier.
The year-earlier quarter was hit by a one-off shareholder-lawsuit provision.
Q2 revenue rose 10.8% to 62.5 billion yuan
For China mobility services, average daily transactions reached a record high of 40.1 million in the quarter.
Didi has been accelerating overseas investments, including expanding its multi-service strategy in Brazil and Mexico that also includes food delivery and financial services.
Adjusted losses from Didi's international segment widened to 2.89 billion yuan from 748 million yuan a year earlier due to spending on marketing and incentives.
($1 = 6.7429 Chinese yuan renminbi)

 (Reporting by Ju-min Park. Editing by Mark Potter)
 ((ju-min.park@thomsonreuters.com; Reuters Messaging: ju-min.park.thomsonreuters.com@reuters.net))