DiDi Global: Dominant Market Position With Visible Upside Optionality

Core Viewpoint - DiDi Global Inc. is recommended as a buy, indicating a successful transition to profitability and potential for multi-year margin expansion due to its dominant position in the ride-hailing market [1]. Investment Strategy - The investment approach focuses on long-term investments while also considering short-term opportunities to uncover alpha [1]. - Emphasis is placed on bottom-up analysis to assess the fundamental strengths and weaknesses of individual companies [1]. - The investment duration is medium to long-term, targeting companies with solid fundamentals, sustainable competitive advantages, and growth potential [1].