The president of Chinese ride-hailing firm DiDi, Jean Liu, told CNBC that ride volume has reached 60% to 70% of pre-coronavirus levels and revealed for the first time that the company's core business was profitable.
DiDi President Jean Liu told CNBC that the company's core ride-hailing business is profitable. She did not give specific figures or say which measure of profitability she was referring to.
Liu also said DiDi's ride volume in China has reached 60% to 70% of pre-coronavirus levels, and is five times its February low.FRED DUFOUR | AFP | Getty Images "I can share with you the core business is profitable or a small profit," Liu said in an interview that aired on Thursday.However, it's the first time the Chinese technology firm has made the claim, as long-term viability of the ride-hailing sector continues to be called into question.
Headquartered in Beijing, the company operates in China and eight overseas markets including Australia and Japan.
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