According to TapTechNews on May 29, Didi released its first quarter financial report as of the end of March today. In the first quarter of 2024, Didi's total revenue was 49.1 billion Chinese yuan, an increase of 14.9% year-on-year; the net loss in the first quarter was 1.35 billion Chinese yuan. The total transaction value (GTV) of the core platform in the first quarter reached 92.2 billion Chinese yuan, an increase of 26.9% year-on-year.
During the same period, the core platform transaction volume including China's mobility and international business continued to grow. In the first quarter, the core platform transaction volume of Didi was 3.75 billion orders, an increase of 30.3% year-on-year. Among them, the total order volume of China's mobility increased by 27.1% year-on-year to 2.95 billion orders, and the total order volume of the international business increased by 44% year-on-year to 790 million orders. Based on this calculation, the daily average order volumes of China's mobility and international business reached 32.5 million orders and 8.7 million orders respectively, setting a new historical high.
In addition, according to Didi's previously disclosed buyback plan of no more than 1 billion US dollars, as of May 24, 2024, the company has repurchased a total of approximately 37.1 million ADS in accordance with the plan, equivalent to approximately 152.4 million US dollars (TapTechNews note: currently about 1.105 billion Chinese yuan). From March 1 to May 24, about 22.2 million ADS were repurchased, equivalent to approximately 98 million US dollars (currently about 711 million Chinese yuan), and the buyback intensity gradually increased.