DiDi Announces Results for First Quarter 2023 Beijing, July 9, 2023 - DiDi Global Inc. (“we”, “us”, “DiDi” and the “Company”), a leading mobility technology platform, today announced its unaudited interim condensed financial results for the quarter ended March 31, 2023.
First Quarter 2023 Highlights
Total revenues for the first quarter of 2023 were RMB42.7 billion, an increase of 19.1% from the first quarter of 2022. Total revenues from the China Mobility segment for the first quarter of 2023 were RMB39.0 billion, an increase of 18.7% from the first quarter of 2022. Total revenues from the International segment for the first quarter of 2023 were RMB1.7 billion, an increase of 40.7% from the first quarter of 2022.
Net loss for the first quarter of 2023 was RMB0.9 billion. Net loss attributable to ordinary shareholders of DiDi for the first quarter of 2023 was RMB1.2 billion.
Adjusted EBITA (Non-GAAP) for the first quarter of 2023 was a loss of RMB0.6 billion. The Adjusted EBITA (nonGAAP) of the China Mobility segment was a gain of RMB1.0 billion in the first quarter of 2023. The Adjusted EBITA loss (non-GAAP) of the International segment was RMB0.2 billion in the first quarter of 2023. The Adjusted EBITA loss (non-GAAP) of the Other Initiatives segment was RMB1.4 billion in the first quarter of 2023. Total cash and cash equivalents, restricted cash and treasury investments were RMB49.9 billion as of March 31, 2023, compared to RMB48.8 billion as of December 31, 2022.
Core Platform Transactions for the first quarter of 2023 reached 2,875 million, an increase of 15.6% from the first quarter of 2022. Transactions for the China Mobility segment for the first quarter of 2023 reached 2,325 million, an increase of 14.4% from the first quarter of 2022. Transactions for the International segment for the first quarter of 2023 reached 550 million, an increase of 21.1% from the first quarter of 2022.
Core Platform Gross Transaction Value3 (“GTV4”) for the first quarter of 2023 reached RMB72.7 billion, an increase of 24.1% from the first quarter of 2022. GTV from the China Mobility segment for the first quarter of 2023 reached RMB59.0 billion, an increase of 22.6% from the first quarter of 2022. GTV from the International segment for the first quarter of 2023 reached RMB13.8 billion, an increase of 30.7% from the first quarter of 2022.
Platform Sales from the China Mobility and International segments for the first quarter of 2023 reached RMB11.3 billion, an increase of 20.9% from the first quarter of 2022. Platform Sales from the China Mobility segment for the first quarter of 2023 reached RMB9.5 billion, an increase of 17.5% from the first quarter of 2022. Platform Sales from the International segment for the first quarter of 2023 reached RMB1.8 billion, an increase of 43.3% from the first quarter of 2022.