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FMP

DiDi Global Shares Dropped Following Interim Unaudited Results Announcement

DiDi Global Inc. (NYSE: DIDI) released its unaudited interim condensed financial results for Q2/21 and Q3/21. Q3 revenue came in at RMB 42.7 billion (or $6.6 billion). China Mobility segment revenue was RMB 39.0 billion (or $6.1 billion), while the International segment revenue was RMB 1.0 billion (or $0.1 billion). The company’s Q2 revenue came in at RMB 48,212, versus RMB 31,167 for the same period last year.

The company’s shares dropped more than 8% yesterday following the announcement. The stock is down more than 30% in December.