Chenqi Technology posts first-half loss as revenue surges
Ride-hailing platform Chenqi Technology Ltd. (9680.HK) on Wednesday reported its revenue surged 140.7% year-on-year to 4.04 billion yuan ($600 million) in the first half of 2026, as its loss narrowed…
CaoCao approaches IPO finish line with nod from China’s securities regulator
A Hong Kong listing by the Geely-backed ride hailing app was approved last week by the CSRC, a year after the company first filed for the IPO Key Takeaways: CaoCao’s…
Chenqi keeps racking up losses in congested China ride-hailing race
The shared economy platform bled more red ink last year, as its hyped robotaxi business fails to show any signs of breakthroughs Key Takeaways: Chenqi lost 564 million yuan in…
Chenqi bets big on robotaxis in Hong Kong IPO
The ride-sharing company’s listing could raise up to $167 million as its shares get set to debut next Wednesday Key Takeaways: Shares of Chenqi will make their trading debut next…
RELATED ARTICLES
-
Lingxing drives into congested Hong Kong ride-hailing IPO lane
-
Dida’s carpool ride-sharing model runs low on fuel
2559.HK
- Dobot first-half revenue nearly doubles, but loss widens
- Blue Moon first-half loss narrows by more than half
-
Waterdrop creatively posts big revenue growth, but at massive cost
WDH.US
- GoFintech revenue surges in latest fiscal year, but loss deepens on one-off charges
- Intensifying competition, falling prices push Zhida Technology to wider loss
