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ride hailing

Newtrend set to make IPO

BRIEF: Ride-hailing platform CaoCao launches $236 million IPO

Ride-hailing platform CaoCao Inc. (2643.HK) on Tuesday launched its Hong Kong IPO, aiming to sell 44.18 million shares at HK$41.94 apiece  to raise about HK$1.85 billion ($236 million). Share subscriptions will…
June 17, 2025
2643.HK
CaoCao operates a ride hailing service

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…
April 21, 2025
Losses after losses, when will Chenqi Technology become profitable?

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…
April 8, 2025
9680.HK

Recent Articles

Newtrend set to make IPO
June 17, 2025

BRIEF: Ride-hailing platform CaoCao launches $236 million IPO

2643.HK
April 21, 2025

CaoCao approaches IPO finish line with nod from China’s securities regulator

April 8, 2025

Chenqi keeps racking up losses in congested China ride-hailing race

9680.HK

RELATED ARTICLES

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    April 21, 2025
    CaoCao approaches IPO finish line with nod from China’s securities regulator
  2. April 8, 2025
    Chenqi keeps racking up losses in congested China ride-hailing race
    9680.HK
  3. May 30, 2025
    BRIEF: Newtrend launches Hong Kong IPO to raise up to $31 million
  4. May 22, 2025
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  5. May 9, 2025
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  6. April 3, 2025
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  7. April 25, 2025
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