Chinese ride-sharing giant Didi files to go public, earned a small profit last quarter on $6.4 billion in revenue - CNBC
The company reported $21.6 billion in revenue last year.Specifically, the company reported net income of $837 million before certain payouts to shareholders, and comprehensive net income of $95 million for the quarter.
Uber owns 12.8% of the shares in the company after selling its Chinese ride-hailing business to Didi in 2016, while SoftBank's Vision Fund holds 21.5%.By way of comparison, Uber reported a net loss of $108 million on revenues of $2.90 billion in its first quarter.Didi said it sold all of its shares in Uber in November and December of last year.