* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, May 12, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

    John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

    Free Flowin’ Fest brings entertainment to Pascagoula’s Beach Park – WLOX

    Experience the Excitement: Free Flowin’ Fest Lights Up Pascagoula’s Beach Park!

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    Taylor Swift’s team calls subpoena in Blake Lively-Justin Baldoni case ‘tabloid clickbait’ – Yahoo

    Taylor Swift’s Team Slams Subpoena in Blake Lively-Justin Baldoni Case as ‘Tabloid Clickbait

    The Weeknd made the apocalypse sexy at his 2025 tour launch in Arizona – Yahoo

    The Weeknd Turns Up the Heat at His 2025 Tour Launch in Arizona!

    Flutter Entertainment eyes U.S. prediction markets amid growing interest – Sports Business Journal

    Flutter Entertainment Sets Its Sights on U.S. Prediction Markets as Interest Soars

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

    Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

    Officials announce massive project that could reshape electric vehicle technology: ‘This is exactly the type of investment that will help us grow the economy’ – Yahoo Finance

    Game-Changer Ahead: Major Investment Set to Transform Electric Vehicle Technology and Boost the Economy!

    Federal agents raid Dymeng Technology Solutions in St. Augustine – Action News Jax

    Federal Agents Storm Dymeng Technology Solutions in St. Augustine: What You Need to Know

    SoundHound’s Amelia 7.0 Platform Delivers Agentic AI With Category Leading Voice Technology – Business Wire

    Unleashing the Future: SoundHound’s Amelia 7.0 Revolutionizes Voice Technology with Agentic AI

    Comings and goings: MPT hires VP of technology, NPR announces changes to Business Desk – Current – For people in public media

    Exciting Leadership Changes: MPT Welcomes New VP of Technology and NPR Revamps Business Desk!

    Harnessing emerging technologies to power a small business – The Oaklandside

    Unlocking Success: How Emerging Technologies Can Transform Your Small Business

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

    John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

    Free Flowin’ Fest brings entertainment to Pascagoula’s Beach Park – WLOX

    Experience the Excitement: Free Flowin’ Fest Lights Up Pascagoula’s Beach Park!

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    Taylor Swift’s team calls subpoena in Blake Lively-Justin Baldoni case ‘tabloid clickbait’ – Yahoo

    Taylor Swift’s Team Slams Subpoena in Blake Lively-Justin Baldoni Case as ‘Tabloid Clickbait

    The Weeknd made the apocalypse sexy at his 2025 tour launch in Arizona – Yahoo

    The Weeknd Turns Up the Heat at His 2025 Tour Launch in Arizona!

    Flutter Entertainment eyes U.S. prediction markets amid growing interest – Sports Business Journal

    Flutter Entertainment Sets Its Sights on U.S. Prediction Markets as Interest Soars

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

    Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

    Officials announce massive project that could reshape electric vehicle technology: ‘This is exactly the type of investment that will help us grow the economy’ – Yahoo Finance

    Game-Changer Ahead: Major Investment Set to Transform Electric Vehicle Technology and Boost the Economy!

    Federal agents raid Dymeng Technology Solutions in St. Augustine – Action News Jax

    Federal Agents Storm Dymeng Technology Solutions in St. Augustine: What You Need to Know

    SoundHound’s Amelia 7.0 Platform Delivers Agentic AI With Category Leading Voice Technology – Business Wire

    Unleashing the Future: SoundHound’s Amelia 7.0 Revolutionizes Voice Technology with Agentic AI

    Comings and goings: MPT hires VP of technology, NPR announces changes to Business Desk – Current – For people in public media

    Exciting Leadership Changes: MPT Welcomes New VP of Technology and NPR Revamps Business Desk!

    Harnessing emerging technologies to power a small business – The Oaklandside

    Unlocking Success: How Emerging Technologies Can Transform Your Small Business

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Didi App Sparks 57% Q2 Revenue Surge, 30M+ Daily Orders in June

September 16, 2023
in Technology
Didi App Sparks 57% Q2 Revenue Surge, 30M+ Daily Orders in June
Share on FacebookShare on Twitter

On September 9th, Didi released its Q2 2023 performance report on its official website. According to the financial report, Didi achieved a total revenue of $6.69 billion in the second quarter, representing a year-on-year growth of 52.6%. The net loss attributable to ordinary shareholders of Didi was $40 million, and the adjusted EBITA loss was $1.37 million. So far this year, Didi has narrowed its net losses to two consecutive quarters.

In terms of business segments, in the second quarter, Didi Chuxing’s total revenue from China operations (including China ride-hailing, taxi services, designated driving, and Hitch) reached $6.1 billion, a year-on-year growth of 57%, with an adjusted EBITA profit of $190 million. The total revenue from international operations was $260 million, a year-on-year growth of 35.3%, with an adjusted EBITA loss of $30 million. The total revenue from other businesses was $340 million, a year-on-year growth of 8.6%, with an adjusted EBITA loss of $165 million.

Compared to the same period last year, DiDi Global Inc. achieved a revenue growth rate of 57% in the second quarter of this year. This means that as of today, the overall scale of DiDi’s business is still expanding.

According to the financial report, DiDi Global Inc. experienced a significant increase in order volume in the second quarter and maintained synchronized growth in both domestic and international markets. In the second quarter of 2023, the total order volume on DiDi’s core platform reached 3.3 billion orders, representing a year-on-year growth of 45.2%. Among them, the order volume for trips within China was 2.674 billion orders, with a year-on-year growth of 47.7%; while the order volume for international business was 626 million orders, with a year-on-year growth of 35.2%. Since its launch on the DiDi app, trip orders within China have continued to grow steadily, reaching an average daily order volume of 29.4 million orders in the second quarter and surpassing 30 million orders per day in June.

SEE ALSO: Didi Launches Express Delivery Service in Over 200 Cities

The significant increase in the number of travel orders directly drove the expansion of platform transaction volume. In the second quarter, Didi’s core platform’s total Gross Transaction Value (GTV) reached $11.5 billion, a year-on-year growth of 54.8%. The GTV for domestic travel in China was $9.27 billion, a year-on-year growth of 60.5%; while the GTV for international business was $2.25 billion, a year-on-year growth of 34.9%.

The reason for achieving double growth in order volume and transaction amount is twofold. On one hand, it is due to the gradual recovery of economic activities and frequent travel demands throughout this year, which have increased in various scenarios. On the other hand, DiDi Global Inc. has been continuously implementing discount policies targeting end-users as part of its operational strategy. For example, there are user-side travel discount activities such as “DiDi 567” and “DiDi 9 RMB Taxi”. Additionally, during peak periods of demand such as holidays, DiDi promotes matching between supply and demand through various channels to achieve customer acquisition growth. It is reported that during the Dragon Boat Festival holiday period this year, travel popularity remained high with over 400,000 users downloading the DiDi app on the first day of the holiday on June 22nd.

The group of online car-hailing drivers is also becoming a topic of common concern in society. In order to stabilize the platform’s capacity, the operation on the driver side has always been one of the key businesses for ride-hailing platforms. In June this year, Didi launched the “Orange Security Plan,” upgrading income, rights, and development guarantees to effectively protect the legitimate rights and interests of online car-hailing drivers. Didi also launched the “Cool Summer” plan in June, providing a total subsidy of 500 million yuan for driver masters during high temperatures. Behind this, as a flexible employment platform, Didi is actively playing a role in stabilizing employment.

In addition, as of June 30, 2023, Didi’s cash and cash equivalents, restricted funds, and investment balance stood at $7.38 billion. This balance increased compared to the balance of $6.69 billion on December 31, 2022. It will serve as a strong reserve for Didi’s preparations in the second half of the year.

Sign up today for 5 free articles monthly!

Pandaily Substack subscribe

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Pandaily – https://pandaily.com/didi-app-sparks-57-q2-revenue-surge-30m-daily-orders-in-june/

Tags: Revenuesparkstechnology
Previous Post

Joseph Tsai Officially Becomes the Chairman of Alibaba

Next Post

Alibaba.com Announces the Full Launch of Localization Operations

Towards synthetic ecology: strategies for the optimization of microbial community functions – Frontiers

Unlocking the Future of Synthetic Ecology: Innovative Strategies to Enhance Microbial Community Functions

May 12, 2025
12 reasons to ignore computer science degrees – cio.com

12 Compelling Reasons to Rethink Pursuing a Computer Science Degree

May 12, 2025
Don’t feel guilty about poaching scientists fleeing Trump, US science body tells Europe – Science|Business

Embrace the Brain Drain: Why Europe Should Welcome Scientists Leaving the Trump Era

May 12, 2025
Sagittarius Daily Horoscope Today (Nov 22- Dec 21), May 12, 2025: Lifestyle will improve! – India Today

Unlock a Brighter Future: Exciting Lifestyle Changes Await Sagittarius Today!

May 12, 2025
USA breaks mixed 4x400m championship record in Guangzhou – worldathletics.org

USA Shatters Mixed 4x400m Championship Record in Guangzhou!

May 12, 2025
Is the US economy about to collapse? – FreightWaves

Is a US Economic Collapse on the Horizon

May 12, 2025
John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

May 12, 2025
Merck Animal Health announces $895 million investment in Kansas – Reuters

Merck Animal Health Unveils Ambitious $895 Million Investment in Kansas!

May 12, 2025
How Dartmouth Has Avoided Trump’s Retribution So Far – The New York Times

How Dartmouth Has Skillfully Navigated Trump’s Retribution

May 11, 2025
Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

May 11, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (601)
  • Economy (613)
  • Entertainment (21,526)
  • General (15,211)
  • Health (9,655)
  • Lifestyle (618)
  • News (22,149)
  • People (616)
  • Politics (620)
  • Science (15,835)
  • Sports (21,123)
  • Technology (15,603)
  • World (603)

Recent News

Towards synthetic ecology: strategies for the optimization of microbial community functions – Frontiers

Unlocking the Future of Synthetic Ecology: Innovative Strategies to Enhance Microbial Community Functions

May 12, 2025
12 reasons to ignore computer science degrees – cio.com

12 Compelling Reasons to Rethink Pursuing a Computer Science Degree

May 12, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version