Didi Global Inc. $DIDI has made significant strides in financial recovery, recording a triple increase in net profit to 2.4 billion yuan for the March quarter. Revenue also climbed by 8.5% to 53.3 billion yuan ($7.4 billion USD), primarily driven by aggressive international expansion efforts. These promising financial results come as Didi, often referred to as the Chinese counterpart to Uber Technologies Inc. $UBER, prepares for a potential Hong Kong listing.
South African food manufacturer RCL Foods $RCLFF recently reported a significant increase in profit during the first half of the year, driven by higher food and bakery sales. This strong performance highlights the company’s effective strategies amid a stable food market in South Africa.