DiDi(US:DIDIY) Sou Hu Cai Jing·2025-11-26 09:37Core Insights - Didi's Q3 2025 performance report shows continued robust growth, with core platform order volume increasing by 13.8% year-on-year to 4.685 billion orders, marking 11 consecutive quarters of double-digit growth since 2023 [2] - The Gross Transaction Value (GTV) for Didi's core platform rose by 14.8% year-on-year to 115.8 billion yuan, with a net profit of 1.5 billion yuan for the quarter [2] - Didi's CEO Cheng Wei emphasized the company's commitment to enhancing its transportation service system and expanding its international market presence while leveraging AI to improve user experience [2] Domestic Operations - In Q3, Didi's domestic ride-hailing orders reached 3.523 billion, a 10.7% increase year-on-year, with an average of 38.3 million daily orders; GTV grew by 10.1% to 86 billion yuan, and adjusted EBITA was 3 billion yuan [3] - The company is focusing on refining its domestic travel ecosystem through differentiated services and has introduced various offerings to cater to diverse consumer needs [3] - Didi has upgraded its membership system and launched an AI travel assistant to enhance user experience and streamline ride-hailing processes [3] International Operations - Didi's international business maintained over 20% growth in Q3, with order volume increasing by 24.3% year-on-year to 1.162 billion orders and GTV rising by 31% to 29.8 billion yuan [4] - The international ride-hailing segment has achieved healthy and sustainable growth, with cumulative adjusted EBITA profitability in the first three quarters of 2025 [5] - Didi's food delivery service in Brazil has launched in over 30 cities, with plans to expand to 100 cities by mid-2026, leveraging its existing user base and service network [5][6]