China imposed stringent Covid restrictions across the country last year that had hammered its economy. It lifted those restrictions in December last year.
Net loss attributable to Didi Global narrowed to 23.78 billion yuan in 2022, compare with the net loss of 49.34 billion yuan in 2021, helped by factors such as investment gains, the report said.
Its China mobility business swung to a loss in 2022, though Didi said it has returned to growth this year, citing a rapid recovery in travel across China after the ending of Covid curbs. In March, Didi's daily transactions for China Mobility jumped 42% from the same period last year, to an average of 28.2 million.
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