【DIDI RESULTS】Didi Chuxing Q4 Adjusted Net Profit Declined 6% as Overseas GTV Surges 47%, but Losses Expand Significantly

SocialAnxietyStaker · 2026-03-13T12:33:04+00:00

Didi Chuxing faced rising costs during its international expansion, with a net loss of 344 million yuan in the fourth quarter of last year, a significant narrowing compared to the prior year. Revenue grew 10.5%, while core platform order volume increased 13.5%. Both China and international business GTV showed growth, but international business losses expanded. Full-year net profit declined 21.1%, while adjusted profit grew 40.2%.

SocialAnxietyStaker

2026-03-13 12:33:04

Abstract generation in progress

China’s leading ride-hailing platform Didi Chuxing (US: DIDIY) has accelerated its international expansion, leading to increased costs. As of the fourth quarter last year, it still recorded a net loss of 3.4 billion yuan (RMB), but this was a significant narrowing compared to 13.4 billion yuan in the same period of 2024. Adjusted net profit was 530 million yuan, down 6% year-on-year.

During the period, revenue grew 10.5% to approximately 58.4 billion yuan. Orders on Didi’s core platform increased 13.5% year-on-year to 4.844 billion. Among these, China mobility orders rose 10.1% to 3.578 billion, while international business orders grew 24.5% to 1.265 billion.

In terms of Gross Transaction Value (GTV) on the core platform, it increased 19.9% last quarter to 123.8 billion yuan. China’s mobility GTV grew 11.2% to 87.2 billion yuan, and international GTV increased 47.1% to 36.6 billion yuan.

In the last quarter, the adjusted EBITA for China’s mobility segment was 2.62 billion yuan, up 20% year-on-year, mainly driven by growth in platform sales. However, this was offset by increased costs and expenses due to more consumer incentives and efforts to boost China mobility business. The international business recorded an adjusted EBITA loss of 3.44 billion yuan, significantly wider than the 710 million yuan loss in the same period of 2024, mainly due to increased incentives and marketing expenses.

For the full year, Didi Chuxing posted a net profit of 990 million yuan, down 21.1% year-on-year. Adjusted profit was 7.86 billion yuan, up 40.2% year-on-year.

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