News

Published on 28 May 2024 on Bloomberg via Yahoo Finance

Didi Reports Bigger Loss as Incentives, EV Bet Continue to Weigh


Article preview image

(Bloomberg) -- Didi Global Inc.’s net loss grew in the March quarter, after climbing marketing costs and losses on its stake in electric vehicle-maker XPeng Inc. outweighed a revenue boost.

Most Read from Bloomberg

Homebuyers Are Starting to Revolt Over Steep Prices Across USKey Engines of US Consumer Spending Are Losing Steam All at OnceSaudi Arabia Puts Wall Street on Notice to Set Up Shop in RiyadhModi Set for Landslide Election Win in India, Exit Polls ShowWall Street Billionaires Are Rushing to Back Trump, Verdict Be Damned

NYSE.XPEV price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
What's Going On With XPeng Stock Friday?

XPeng Inc. (NYSE:XPEV) shares are trading relatively flat on Friday after the company hosted its ...

Benzinga · via AOL 8 Nov 2024

Trump White House Could Unlock Trillion-Dollar AI Potential For Tesla, Says Dan...

Wedbush Securities predicts Tesla Inc.‘s (NASDAQ:TSLA) artificial intelligence initiatives could ...

Benzinga · via Yahoo Finance 8 Nov 2024

Tesla, Alibaba rally; MercadoLibre falls in Thursday's afternoon market cap...

Tesla, Alibaba rally; MercadoLibre falls in Thursday's afternoon market cap stock movers

Investing.com 7 Nov 2024

Exxon Mobil, Constellation Lead Afternoon Market Cap Stock Movers on Monday By...

Exxon Mobil, Constellation Lead Afternoon Market Cap Stock Movers on Monday

Investing.com 4 Nov 2024

China EV Stocks Rally After Strong October Delivery Growth

Chinese electric vehicle stocks jumped after automakers including BYD Co. posted record deliverie...

Bloomberg 3 Nov 2024

BYD Sells Record Half a Million Plug-In Cars in Blowout Month

(Bloomberg) -- BYD Co. kicked off the final quarter of the year with record monthly sales,...

Bloomberg · via Yahoo Finance 1 Nov 2024

CNBC Daily Open: Everyone gave Reddit an upvote

Our social media habits are so ingrained they're almost automatic and essential. Little surprise,...

CNBC 30 Oct 2024

NIO, Xpeng, Li Auto, BYD stocks surge amid Chinese EV sector push | Invezz

The state-backed Xinhua News Agency reported on Tuesday that central government agencies plan to...

Invezz 29 Oct 2024

Alibaba, NIO Surge Among Monday's Afternoon Market Cap Stock Movers By...

Alibaba, NIO Surge Among Monday's Afternoon Market Cap Stock Movers

Investing.com 29 Oct 2024

Tesla, Xpeng, Summit Therapeutics lead Monday's morning market cap stock movers...

Tesla, Xpeng, Summit Therapeutics lead Monday's morning market cap stock movers

Investing.com 29 Oct 2024