China's Didi sees 2022 revenue hit by pandemic, net loss narrows

China's Didi sees 2022 revenue hit by pandemic, net loss narrows

Didi’s shares are trading 14.5% below the U.S. IPO price.

Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as the country’s COVID lockdowns and a regulatory crackdown took a toll.

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