Didi Global: Navigating Financial Turbulence Amidst Revenue Growth

Chinese ride-hailing leader, Didi Global, announced a net loss of 2.5 billion yuan for the second quarter on Thursday, despite a 10.9% increase in revenue.

This financial setback is primarily attributed to a one-time provision of 5.3 billion yuan related to a previously disclosed shareholder class action lawsuit.

The company's revenue rose significantly to 56.4 billion yuan from last year's 50.9 billion yuan, underscoring its continued growth trajectory amidst fiscal challenges.

(With inputs from agencies.)