CaoCao H1 Revenue Tops RMB10 Billion as RoboX Gains Momentum, with Robotaxi Fleet Deployment Planned in Hong Kong and the UAE
HangZhou, China, Aug. 28, 2026 (GLOBE NEWSWIRE) -- On August 27, CaoCao Inc. (02643.HK) (“CaoCao” or the “Company”) announced its interim results for the six months ended June 30, 2026. During the reporting period, the Company maintained steady growth in its ride-hailing business, further improved profitability, and accelerated its transformation through its RoboX and AI-native strategies. In the first half of 2026, CaoCao’s mobility service revenue reached RMB9.8 billion, up 13.9% year on year, while total revenue rose 9.0% to RMB10.3 billion. As of June 30, the Company’s services covered 215 cities across China, with 20 new cities added during the first half. Average monthly active users increased 17.1% year on year to 44.6 million, while average monthly active drivers rose 36.8% to 758,000, as the business continued to scale. Profitability further improved. Gross margin increased from 8.7% in the same period last year to 9.0% in the first half of 2026, mainly driven by economies of ...