Didi Global reports widening losses as Beijing restrictions bite

Ride-hailing firm’s operating losses hit $6.3bn as Chinese regulators pursue customer-data inquiry The Chinese ride-hailing firm Didi Global has reported widening losses and a decline in third-quarter revenue, after its domestic business took a hit from a regulatory crackdown by Beijing. The company said operating losses hit $6.3bn (£4.68bn) in the nine months to the end of September, while revenue fell nearly 2% in its third quarter.

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