Ride-hailing company Didi reports third-quarter rebound

DiDi Global

29/11/2024 09:10

BEIJING, Nov 29 (Reuters) - China's largest ride-hailing
company Didi Global  92Sy.MU  reported third-quarter net income
of 929 million yuan ($128.42 million) on Friday, swinging from a
loss in the same period last year.
    Continuing its recovery after being badly hit by a
regulatory crackdown, the company's revenue was up 5% at at 53.9
billion yuan for the three months to Sept. 30.

($1 = 7.2342 Chinese yuan renminbi)

 (Reporting by Liam Mo and Brenda Goh
Editing by David Goodman)
 ((liam.mo@thomsonreuters.com;))