Remember DiDi Global? Goldman says buy the stock Investing.com -- Goldman Sachs initiated coverage on DiDi Global with a Buy rating in a note on Wednesday, seeing it as a compelling opportunity in global mobility and autonomous driving. The analysts believe DiDi is “well-positioned to capture growing global mobility opportunities” and is “at the forefront of autonomous driving.” According to Goldman, DiDi’s current valuation, trading at just 14 times 2026 estimated domestic P/E, is “undemanding” given its forecast compound annual growth rates of 8% in revenue and 44% in earnings from 2024 to 2027. “We expect sustained compounding of domestic profit/FCF streams, one of the fastest profit growths within our China Internet coverage,” the note stated. The investment bank highlighted several drivers of upside, including DiDi’s expansion in lower-tier Chinese cities, growth in international mobility profits, and margin improvement from reduced user subsidies. “Domestic GTV profit margin expansion… [is] driving profit growth,” Goldman said, adding that DiDi’s international business is “under-appreciated,” with mobility profits now “inflecting.” DiDi’s valuation is also said to stand out. At a market cap of $25 billion and 18x FY26E P/E, the bank notes that it trades well below peers like Uber (NYSE:UBER) at $200 billion and 27x, despite similar leadership positions in their respective domestic markets. “We believe DiDi’s valuation is attractive vs. global peers with positive risk-reward,” Goldman noted. Goldman’s 12-month price target of $7.20 implies a potential 35% upside in the stock. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if UBER is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

Click Subscribe #DiDiGlobal #GoldmanSachs #Investing #StockMarket #BuyTheDip

Didi Global announces first quarter revenue increase, commits to AI development Investing.com -- Didi Global, the Chinese ride-hailing giant, on Thursday reported a revenue increase for the first quarter of the year. The company’s revenue reached 53.3 billion yuan, marking an 8.6% increase compared to the same period last year when it was 49.1 billion yuan. In addition to the increase in revenue, Didi Global also reported a significant increase in its adjusted Ebitda, which rose by 82% year-over-year to reach 3.1 billion yuan. The company’s adjusted Ebita also saw a substantial rise, reaching 2.4 billion yuan in comparison to last year’s 965 million yuan. The company also reported a record high for the average daily transactions, which reached 36.2 million in the first quarter. This is a significant increase for the company’s China mobility business. In terms of future plans, Didi Global stated its commitment to supporting stable employment and boosting consumption by 2025. The company also announced that it will actively drive the development of autonomous driving and artificial intelligence (AI) to better serve its drivers, users, and partners. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe #DidiGlobal #RideHailing #RevenueGrowth #ArtificialIntelligence #TechNews

Portion of poster showing Yale School Of Management list of 213 “Grade F” companies that are still doing business with the Russian Federation (as of February 27th, 2025) (DeCecco through DiDi Global). Subject to updates, corrections and revisions.

👆 see above for full poster

Branch🧵 15/

#StandWithUkraine

Closer view of #GradeF / #DiggingInList companies…

#DeCecco
#ProdottiMediterranei

#DentsplySirona

#Dessange
#DessangeParis
#CamilleAlbane
#FantasticSams
#Phytodess
#CoiffIdis

#DiDiGlobal
#DiDi

#YaleCeliList

#Russia is #BrandUnsafe

Logo and company information for DiDi Global (Beijing, China).

Wikipedia article and company website information for DiDi Global (Beijing, China).

Screenshot of Yale CELI List information pertaining to DiDi Global (Beijing, China).

Poster showing Yale School Of Management list of “Grade F” companies that are still doing business with the Russian Federation (as of November 28th, 2024).

🧵 61/

#StandWithUkraine
#YaleCELIList

Please ask #GradeF / #DiggingInList Companies to stop doing business with the #RussianFederation / #RF.

For example:
#DiDiGlobal (a/k/a #DiDi)
#Beijing, #China, #CHN
www.didiglobal.com/contact/cont...

#OTCMarkets #PinkCurrent: #DIDIY

#Russia is #BrandUnsafe