Core Insights - Didi's Q3 2025 performance report shows continued robust growth, with a 13.8% year-on-year increase in core platform order volume, reaching 4.685 billion orders, marking 11 consecutive quarters of double-digit growth since 2023 [1] - The total gross transaction value (GTV) for Q3 2025 increased by 14.8% year-on-year to 115.8 billion yuan, with domestic GTV growing by 10.1% to 86 billion yuan and international GTV rising by 31% to 29.8 billion yuan [1] - Didi's international business has achieved cumulative profitability in adjusted EBITA for its core ride-hailing segment in the first three quarters of 2025, indicating improved operational quality alongside market expansion [1] International Expansion - Didi has established a presence in 14 countries across Latin America, Asia-Pacific, and Africa, providing ride-hailing, food delivery, and financial services [2][3] - The company has focused on Latin America since its entry, acquiring local ride-hailing platform 99 in Brazil, which has a population of over 200 million and ranks among the top 15 globally in GDP [2] - After a two-year pause, Didi relaunched its food delivery service in Brazil in April 2023, quickly expanding to over 30 cities, including major urban areas [2] Localized Strategy - Didi's success in international markets is attributed to its localized strategy, adapting to local market demands rather than simply replicating its Chinese model [4] - The introduction of two-wheeled ride services in Brazil addresses local traffic congestion and appeals to price-sensitive users, with over 2 billion orders in the past three years [4] Electric Vehicle Initiatives - Didi is actively participating in the electrification of the Brazilian ride-hailing market, launching electric and hybrid vehicle options in major cities [5] - The company has partnered with local firms to deploy 300 electric motorcycles, aiming to reduce operational costs for drivers by up to 35% [5] - In Mexico, Didi introduced 500 electric vehicles in October 2023, collaborating with Chinese automakers to promote green transportation, with plans to introduce 100,000 electric vehicles by 2030 [5]