About 2643

Founded: 2015
Employees: 1221
CEO: Xin Gong
WebsiteView website: www.caocao.com.cn

CaoCao Inc. operates as a ride-hailing platform in China and Europe. The company operates a fleet of purpose-built vehicles for mobility operations. It also engages in vehicle leasing, sales, advertising and technical services. The company was founded in 2015 and is headquartered in Suzhou, China. CaoCao Inc. operates as a subsidiary of Ugo Investment Limited.

Recent 2643 News & Updates

Live News • Aug 30

CaoCao Reports H1 Revenue Over 10 Billion With Robotaxi Plans for Hong Kong and UAE

CaoCao reported interim results for the six months to 30 June 2026, with H1 revenue above RMB10b, alongside the launch of its RoboX autonomous mobility strategy and plans to deploy Robotaxi fleets in Hong Kong and the UAE using its upcoming Eva Cab vehicle. The company is building out AI-powered services and a third-generation Robotaxi-focused vehicle, with mass production of the Eva Cab targeted for 2027. This points to a heavier tilt toward autonomous ride services alongside its existing ride-hailing operations. CaoCao’s shares trade at HK$14.29, with the stock down 51.8% year to date, indicating that the market has been cautious even as the company announces larger scale and new autonomous initiatives. The key question is whether CaoCao’s push into Robotaxis and AI services can justify the investment and execution risk tied to new markets like Hong Kong and the UAE and a dedicated autonomous vehicle platform.

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About 2643

Recent 2643 News & Updates

Consensus revenue estimates fall by 14%

Time To Worry? Analysts Just Downgraded Their CaoCao Inc. (HKG:2643) Outlook

CaoCao Reports H1 Revenue Over 10 Billion With Robotaxi Plans for Hong Kong and UAE

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