Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Didi Global Q424 Results: Another Set of Solid Numbers from China's Ride Hailing Giant

Remember DiDi Global? We Check in on China's Dominant Rideshare Company and Review Recent Results

2024 Greater China Logistics & Transport ECM Review & A Look at Potential 2025 Deals

Didi Global Q224 Results: EBITA Margin Up | OpCF Still Strong | But Growth Slowed Noticeably

SF Holding Pre-IPO: Dominance in Domestic Time-Definite (Air) Express Is a Durable Differentiator

SF Holding Pre-IPO: FY23, Q124 Results Reviewed | Sales Mix Impacts | Recent Monthly Revenue Trend

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Equity Capital Markets

<ul>
<li>In Q324, Didi grew slowly, but core margin improved significantly on higher "take rate"</li>
<li>Q324 liquidity position sound, but pace of 2024 investment difficult to sustain</li>
<li>Two important reasons Didi could list shares in '25, even if cash needs aren't urgent</li>
</ul>


In Q324, Didi grew slowly, but core margin improved significantly on higher "take rate"
Q324 liquidity position sound, but pace of 2024 investment difficult to sustain
Two important reasons Didi could list shares in '25, even if cash needs aren't urgent


Didi Global Q324 Results & Two Key Reasons Company May Consider A New Listing in 2025