Is Didi making money?
Is Didi making money? - Didi was loss-making from 2018 through 2020 but made a $30 million profit in the first quarter this year. How does Didi make money? DiDi makes money mostly through fares generated through its ride-hailing app, where the company gets a percentage of every fare (ranging from 5% to 20%). However, it also attracts revenue from other avenues such as its delivery service, through which customers can send and receive parcels delivered by DiDi drivers. Is Didi more profitable than Uber? Uber is more diversified both geographically and in terms of its revenue mix. Didi is...