BEIJING, March 13 (Reuters) - Didi Global reported a net
loss for the fourth quarter on Friday as China's largest
ride-hailing platform ramped up international expansion, pushing
up costs.
The company, which dominates China's ride-hailing market and
has expanded primarily in Latin America with ride-hailing and
food delivery services, posted a net loss of 300 million yuan
($43.48 million) for the three months ended December 31. For the
same period in the previous year, net loss was 1.3 billion yuan.
Revenue rose 10.5% to 58.4 billion yuan, the company said.
($1 = 6.8999 Chinese yuan)