Sources: Didi has failed to generate a profit in the six years since its founding, and has spent $1.7B on subsidies and discounts in H1 2018, losing about $585M (Lulu Yilun Chen/Bloomberg)

Lulu Yilun Chen / Bloomberg:
Sources: Didi has failed to generate a profit in the six years since its founding, and has spent $1.7B on subsidies and discounts in H1 2018, losing about $585M  —  - The ride-hailing giant hasn't made a profit in six years  — Didi is said to have given out $1.7 billion in subsidies

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