DiDi(US:DIDIY) Zhong Guo Jing Ji Wang·2024-12-02 06:49Core Insights - Didi's Q3 2024 performance report indicates a continuation of high-quality and steady growth, with core platform transaction volume reaching 4.118 billion orders, a 15.1% increase year-over-year [1] - The total transaction value (GTV) for the core platform reached 100.9 billion yuan, marking the first time it surpassed 100 billion yuan in a quarter, with a year-over-year growth of 13.1% at fixed exchange rates [1] Group 1: Business Performance - In Q3, the total order volume for Didi's China mobility services was 3.183 billion, up 10.6% from the previous year, while international business orders reached 935 million, a significant increase of 33.4% [1] - Daily average order volumes for China mobility and international business hit record highs of 34.6 million and 10.16 million, respectively [1] Group 2: Financial Metrics - Adjusted EBITA for Q3 was 1.7 billion yuan, indicating a steady improvement in profitability [2] - As of November 27, 2024, Didi has repurchased approximately 151 million ADS, totaling about 627 million USD, with a portion of this occurring between August 1 and November 27, amounting to around 253 million USD [2]