Summary by Futu AI
Kuaigou Dache released its mid-year report for 2024, showing its operation in more than 370 cities across six countries and regions in asia. During the reporting period, the company's revenue was RMB 324.2 million, a 12.8% decrease from RMB 371.8 million in the same period last year. The gross profit was RMB 112.7 million, down by 5.5%. The significant reduction in losses by 87.1% to RMB 82.9 million during the period. In the unaudited interim financial statements for the six months ended June 30, 2024, the company recognized a goodwill impairment loss of RMB 51,000,000. As of June 30, 2024, the company had over 33.7 million registered users and 6.8 million registered drivers. Additionally, the company completed 7.5 million shipping orders, with a total trade volume (GTV) of RMB 822.1 million. The company continues to optimize its operation and cost efficiency, and enhances its strategic layout in the Southeast Asia region.