Fast Dog Taxi: an income of 349 million yuan in the first half of 2022, a loss of 1.049 billion yuan, a year-on-year increase of about 3.25 times

CTOnews.com August 28 news, fast dog taxi-hailing interim performance report in 2022 shows that in the six months ended June 30, 2022, the company realized revenue of about 349 million yuan, an increase of 15.5% over the same period last year, while the company's equity holders lost about 1.049 billion yuan during the period, an increase of about 3.25 times over the same period last year.

As of June 30, 2022, there were about 29.2 million registered shippers and 5.6 million registered drivers. In the first half of 2022, 11.8 million consignment orders were completed on Kuaidou taxi-hailing platform, resulting in a total transaction value of 1.113 billion yuan.

In terms of revenue, during the reporting period, the revenue of fast dog ride-hailing enterprises was 215 million yuan, an increase of 24.2% over the same period last year; the revenue from platform services was 110 million yuan, compared with 117 million yuan in the same period last year, down slightly from the same period last year; and revenue from value-added services was 23.4 million yuan, an increase of 96.6% over the same period last year.

In the first half of the year, the operating loss of Kuaigou taxi-hailing was 744 million yuan, an increase of 690.8% over the same period last year; the operating loss, excluding share-based fees and listing fees, was 121 million yuan, an increase of 42.1% over the same period last year.

CTOnews.com learned that KuaiDog taxi officially landed on the Hong Kong Stock Exchange on June 24 this year. According to the prospectus, Kuaigou's revenue from 2018 to 2021 was 453 million yuan, 548 million yuan, 530 million yuan and 660 million yuan respectively, and the losses during the period were 1.071 billion yuan, 184 million yuan, 658 million yuan and 873 million yuan respectively.