20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
DiDi Global Inc (NYSE:DIDI) reported results for the second and third quarters of 2021.
- Q2 Results: DiDi posted second-quarter 2021 revenue growth of 54.7% year-on-year to RMB48.2 billion.
- China Mobility revenue rose 52.2% Y/Y to RMB44.8 billion.
- Related Content: Here's How DiDi Looks To Hong Kong Listing
- Operations losses jumped from RMB(0.8) billion to RMB(24.6) billion.
- Core Platform Transactions were 3 billion. Transactions from the China Mobility were 2.6 billion.
- Core Platform, Gross Transaction Value, reached RMB73.3 billion. GTV from China Mobility reached RMB64.6 billion.
- Platform Sales from China Mobility and International segments reached RMB11.5 billion. Platform Sales from the China Mobility segment reached RMB10.7 billion.
- DiDi used RMB1.2 billion in operating cash flow during Q2 and held RMB26.3 billion in cash and equivalents at June end.
- Q3 Results: DiDi posted a third-quarter 2021 revenue decline of 1.7% Y/Y to RMB42.7 billion ($6.6 billion).
- China Mobility revenue dropped 5.1% Y/Y to RMB39 billion ($6.1 billion).
- Operations losses widened from RMB(1.1) billion to RMB(9.1) billion ($(1.4) billion).
- Core Platform Transactions were 2.9 billion. Transactions of China Mobility were 2.4 billion.
- Core Platform GTV reached RMB68.7 billion ($10.7 billion). GTV from China Mobility reached RMB58.4 billion ($9.1 billion).
- Platform Sales from China Mobility and International segments were RMB9.7 billion ($1.5 billion). Platform Sales from China Mobility reached RMB8.9 billion ($1.4 billion).
- DiDi used RMB5.1 billion ($785 million) in operating cash flow during Q3 and held RMB49.3 billion ($7.7 billion) in cash and equivalents at September end.
- Board Change: DiDi elected Yi Zhang as a director, and Daniel Yong Zhang has resigned from the board.
- Yi Zhang is currently Senior Legal Director of Alibaba Group Holding Ltd (NYSE:BABA) and general counsel of Alibaba Local Services Company.
- Price Action: DIDI shares traded lower by 5.47% at $4.67 in the premarket session on the last check Thursday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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