CaoCao Inc.
HHKEX:26439.61
HKD
-0.23
(-2.39%)
ISIN
KYG1875S1012
CUSIP
G1875S101
Return %
Stock
S&P 500
1Y
-81.17
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
CNY
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in mil. unless spec.Working Capital
CNY
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Semi-annual Revenue
CNY
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in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Xin Gong
- Full Time Employees
- 1,091
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Tower 1, Xinhuihu Building Suzhou JS China
- IPO Date
- Jun 25, 2025
- Website
- caocao.com.cn
- Similar Companies
- Business
- CaoCao Inc., founded in 2015 and headquartered in China, operates as a strategic investment under Geely Holding Group focused on developing a new energy vehicle sharing ecosystem. The company primarily offers a technology-driven online car-hailing platform providing several mobility services including Express Mobility Service, Smart White Car Service featuring full-vehicle intelligence, CaoCao Premier Service with trained drivers and central service support, and the LiMao Premier Service which offers accessible high-end mobility with globally certified LEVC TX5 vehicles. CaoCao designs, manufactures, sells, and operates a fleet of purpose-built vehicles tailored for shared mobility, notably the Geely CaoCao 60 model, deployed in over 163 cities with more than 37,000 vehicles, positioning it as a leader in China’s ride-hailing market. Recent major developments include a strategic partnership with the Abu Dhabi Investment Office to expand its Robotaxi autonomous driving and smart mobility services in the Middle East, establishing regional headquarters in Abu Dhabi. CaoCao has been deploying its latest generation Robotaxi since April 2025, integrating advanced autonomous driving capabilities with Geely’s vehicle architecture, aiming to advance its Robotaxi operations and platform efficiencies. The company has also launched a dedicated public welfare brand to promote accessible mobility, deploying over 1,000 wheelchair-accessible vehicles across more than 20 cities in China and engaging in driver support initiatives such as occupational injury protection programs. Additionally, CaoCao entered a three-year marketing service framework agreement with Geely's subsidiary YiYi Power for promoting battery swapping services, aligning with its focus on new energy and sustainable mobility technologies. CaoCao’s core offerings span ride hailing services, purpose-built vehicle sales and leasing, autonomous driving technology development, and new energy vehicle integration. The company's product portfolio and services target the Chinese market extensively with rapid geographic expansion domestically and strategic international ventures. CaoCao excels in leveraging internet connectivity, vehicle networking, autonomous driving, and energy technologies to enhance user experience and operational efficiency. Its recent financial performance demonstrates increased gross profit margins, narrowed losses, and growing active users and drivers, highlighting strong momentum in its growth and profitability strategy. CaoCao continues to innovate within the shared mobility sector by combining green initiatives and cutting-edge technology, aspiring to be a leading smart mobility brand globally.