滴滴国际业务保持高速增长：四季度GTV同比增长47.1%

Core Insights - Didi's Q4 2025 performance shows steady growth, with core platform order volume increasing by 13.5% year-on-year to 4.844 billion orders, and a peak daily order volume exceeding 65 million [2] - For the full year 2025, the core platform order volume reached 18.24 billion, reflecting a 14% year-on-year growth [2] - The increase in order volume has led to an expansion in transaction scale, with Q4 core platform Gross Transaction Value (GTV) rising by 19.9% to 123.8 billion yuan, and a full-year GTV growth of 14.8% to 450.8 billion yuan [2] Domestic Business Performance - In Q4 2025, Didi's domestic ride-hailing orders grew by 10.1% year-on-year to 3.578 billion, with average daily orders reaching 38.9 million [3] - The full-year domestic order volume increased by 10.8% to 13.735 billion [3] - Domestic GTV for Q4 rose by 11.2% to 87.2 billion yuan, with a full-year GTV growth of 10.7% to 333.8 billion yuan [3] User-Centric Innovations - Didi is focused on creating user value by diversifying travel scenarios and launching services tailored to different demographics, such as pet travel and women-friendly programs [4] - The introduction of the AI travel assistant "Xiao Di" allows users to select from over 90 service tags, enhancing personalized travel experiences [4] - Didi's core membership has increased by over 15% year-on-year, with more than 20 member benefits launched, creating a comprehensive membership ecosystem [4] International Business Growth - Didi's international business saw a significant Q4 order volume increase of 24.5% to 1.265 billion, with a full-year growth of 24.7% to 4.505 billion [5] - The international GTV for Q4 surged by 47.1% to 36.6 billion yuan, with a full-year GTV increase of 28.2% to 117 billion yuan [6] - Didi's international operations cover 14 countries and regions, serving over 100 million users, with a strong presence in Brazil, where it has accumulated 55 million active users [7] Technological Advancements - Didi is advancing its autonomous driving technology, with the new generation Robotaxi model R2 delivered in January and ongoing road tests [8] - The company aims to promote Chinese autonomous driving technology globally while focusing on responsible technological innovation [9]