Didi achieved total revenue of 192.4 billion yuan in 2023, a year-on-year increase of 36.6%

According to news from this site on March 23, Didi released its fourth quarter and full-year results for 2023 on its official website. Full-year revenue in 2023 will be 192.4 billion yuan, a year-on-year increase of 37%.

According to this site’s understanding, Didi’s total revenue reached 49.4 billion yuan in the fourth quarter of 2023, a year-on-year increase of 55.4%. After adjustments, the EBITA loss was 1.3 billion yuan. The net profit was 1.1 billion yuan, a significant increase compared with the net loss of 704 million yuan in the same period last year.

Looking at the whole year, Didi achieved total revenue of 192.4 billion yuan in 2023, a year-on-year increase of 36.6%; net profit was 500 million yuan, achieving positive annual net profit, and an adjusted EBITA loss of 2.2 billion yuan.

In terms of business, China travel revenue increased by 60.9% year-on-year to 44.9 billion yuan, and international business revenue increased by 33.3% year-on-year to 2.2 billion yuan. The quarterly average daily order volume of China's travel and international business reached 31.9 million and 8.5 million orders respectively, reaching a record high.

For comparison, Didi achieved operating income of 140.8 billion yuan in 2022, a 19% decrease from 173.8 billion yuan in the same period in 2021. Among them, China’s travel business revenue dropped from 160.5 billion yuan in 2021 to 125.9 billion yuan in 2022, a decrease of 22%. International business revenue will increase from 3.6 billion yuan in 2021 to 5.9 billion yuan in 2022, an increase of 62%.

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