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Chinese ride-hailing company Didi Global expects to invest more than $200 million in Argentina this year to launch ​new services in smaller cities and develop safety technology, ‌its country manager told Reuters.

Q2 revenue increased by 10.8%, supported by growth in China Mobility and accelerating international expansion. China Mobility continues to deliver better monetization, with GTV up 9.5% and adjusted EBITA increasing 15%. International losses remain elevated, but loss-to-GTV improved sequentially as DiDi continued to gain scale and market share.

DiDi Global delivered strong Q1 revenue and robust operating metrics, with international GTV up 60% and China orders up 10%. Despite an earnings miss from aggressive overseas investment, DIDIY's China mobility business remains a cash cow, funding global expansion and supporting margin improvement. International growth, particularly in Brazil and Mexico, is offsetting domestic market maturity, with strategic…

DiDi's Q1 2026 saw total turnover up 10% year-over-year, with China Mobility EBITDA rising 26% and international segment losses narrowing. DiDi maintains a solid cash position, $6.7 billion, or 39% of market cap, enabling continued buybacks and downside protection. International growth continues to accelerate, with segment revenue increasing nearly 60% year-over-year.