HONG KONG -- Didi Global's abrupt reversal of its decision to shut its ride-hailing unit in Russia reflects pressure in China to publicly stick by Moscow as the government there comes under widespread sanction for its invasion of Ukraine.
Didi, which posted a loss of 49.16 billion yuan ($7.63 billion) for the first nine months of 2021, has been struggling to stem its red ink. It cited "market changes and other challenges" in announcing Feb. 21 that it would pull out of Russia and Kazakhstan.
