China's Didi swings to profit in Q4, leaving regulatory woes behind

China's Didi swings to profit in Q4, leaving regulatory woes behind

FILE PHOTO: A screen displays trading information for ride-hailing giant Didi Global on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. REUTERS/Brendan McDermid/File Photo

Didi Global, China’s largest ride-hailing company, on Saturday reported a fourthquarter profit, indicating that the Chinese ride-hailing leader has gradually recovered from difficulties after prolonged regulatory scrutiny.