Can GLB open up new routes beyond the Geely orbit?
The provider of automotive electronics and power systems has hitched a ride on the success of its main customer, but runs the risk of overreliance Key Takeaways: GLB is looking…
China’s robotaxi race hits a safety pause
Baidu’s Wuhan outage, Hello’s Zhuzhou injury accident and a reported pause on new permits suggest China’s autonomous taxi drive is shifting focus to safety Key Takeaways: China’s robotaxi story is…
Lingxing drives into congested Hong Kong ride-hailing IPO lane
The state-backed mobility platform has national scale and a rare profit, but its razor-thin margins and heavy reliance on aggregators could scare off some investors Key Takeaways: Lingxing Technology has…
Dida’s carpool ride-sharing model runs low on fuel
The company’s revenue fell about 44% in the second half of last year, accelerating from a 29% drop in the first half Key Takeaways: Dida’s revenue tumbled by nearly half…
Zeekr drives off Wall Street, heralding chilly year ahead for U.S. Chinese listings
Trading of the EV maker’s shares was suspended on Dec. 22, after investors approved a plan by parent Geely to privatize the company less than two years after its IPO…
CaoCao hits rocky post-IPO road amid lingering concerns
The ride-hailing platform’s shares plummeted last week, shaving more than $1 billion from its market value in just days and catching retail investors by surprise Key Takeaways: CaoCao shares lost…
BRIEF: CaoCao’s loss narrows in first half of 2025
Ride-hailing platform CaoCao Inc. (2643.HK) said on Tuesday its revenue jumped 53.5% year-on-year to 9.46 billion yuan ($1.32 billion) in the first half of 2025, while its loss narrowed nearly…
