Search Results for "Caocao Zhuanche"

Caocao Zhuanche, an electric vehicle sharing platform backed by Chinese automaker Geely, announced on February 14 that its brand and services have been upgraded into “Caocao Mobility”.

Caocao Zhuanche, a ride-hailing platform backed by Zhejiang Geely Holding Group, plans to raise up to RMB3 billion in a new round of financing, at a valuation of around $3 billion, according to people with direct knowledge of the plan.

According to local media, the Geely-backed ride-hailing platform Caocao Zhuanche has already launched hundreds of vehicles in Beijing to execute its toe-in-the-water operation after it announced to roll into the capital of the country in January.