Kuaigou's taxi-hailing revenue in 2023 will be 753 million yuan, a year-on-year decrease of 2.6%, and the adjusted loss narrows by 25.6%

According to news from this site on March 29, Kuaigou Taxi released its 2023 annual performance announcement today. In 2023, Kuaigou Taxi Hailing achieved total revenue of 753 million yuan, a year-on-year decrease of 2.6%; gross profit was 258 million yuan. Thanks to the cost reduction and efficiency improvement strategy implemented by the company, Kuaigou Taxi's economic adjusted loss in 2023 was 170 million yuan, a year-on-year decrease of 25.6%, achieving narrowed economic adjusted losses for two consecutive years.

The performance summary attached to this site is as follows:

For the year ended December 31, 2023, Kuaigou Taxi’s revenue was slightly A decrease of 2.6%, of which the revenue generated from mainland China decreased by 17.8%, while the revenue generated from Hong Kong and overseas markets increased by 9.7% in the same year , while mainland China and Hong Kong and overseas markets contributed 38.0% to the overall revenue respectively. and 62.0%.

As of December 31, 2023, Kuaigou had approximately 33 million registered shippers and 6.7 million registered drivers.

As of the end of 2023, Kuaigou Taxi’s largest source of revenue is corporate services, with the company’s service revenue reaching 462 million, accounting for 61.4% of revenue. According to reports, during the reporting period, Kuaigou completed 1.7 million logistics deliveries for corporate customers, with a total transaction volume of 472 million. By the end of 2023, Kuaigou Taxi has provided corporate services to more than 60,000 small and medium-sized enterprises and large enterprises.

In 2023, the overall scale of e-commerce consumption in Southeast Asia will continue to expand, and the express delivery industry will expand its business to Hanoi, with revenue increasing by 131.5% year-on-year, and revenue in South Korea will increase by 13.8% year-on-year. In India, Kuaigou Taxi Hailing has covered more than 150 cities.

In 2023, the revenue of the Kuaigou taxi-hailing platform will reach 2.17 billion yuan, accounting for 28.8% of the revenue. During the reporting period, a total of 21.4 million transportation orders were facilitated, with a total transaction volume of approximately 1.825 billion yuan.

In 2023, Kuaigou Taxi’s value-added service revenue will be 736,000 yuan, a year-on-year increase of 29.4%, and its revenue proportion will further increase to 9.8%. In the Chinese mainland market, the promotion has achieved remarkable results, with sales of electric cargo vehicles increasing by 12.9% year-on-year.

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