Didi Global’s revenue jumps ahead of planned Hong Kong IPO
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Didi Global Inc’s fourth-quarter revenue rose 55% from a year earlier, reaching 49.4 billion yuan (RM32.36 billion). For the full year, revenue climbed 37% to 192.4 billion yuan. Didi is recovering from a setback in 2021 when regulators launched a probe into its data handling and forced it to delist from the NYSE. Didi plans to have a public listing in Hong Kong this year. As of Feb 29, Didi had repurchased approximately 14.9 million ADSs for approximately US$54.4 million under its US$1 billion share-buyback program.
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