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In 50 Words: Didi Global rebounds with $14.7m profit, plans $1b share buyback

Chinese ride-hailing firm Didi Global has reported its first quarterly profit since 2021 at 107 million yuan (about US$14.7 million), coming from a loss of 2 billion yuan a year ago.

With domestic demand for mobility services bouncing back, the company also plans to purchase up to US$1 billion in shares in the next two years.

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