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Showing posts from August, 2026

CaoCao H1 Revenue Tops RMB10 Billion as RoboX Gains Momentum, with Robotaxi Fleet Deployment Planned in Hong Kong and the UAE

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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 ...

E-Commerce Sellers are Using AI to Get Ahead of the Holiday Rush, StoreClaw Data Shows

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LOS ANGELES, CA, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Retail e-commerce is increasingly operating like an endless relay race: as one major shopping moment winds down, forward-thinking sellers are already sprinting toward the next. Data released by e-commerce AI growth engine StoreClaw reveals that sellers are moving away from fragmented, manual workflows as they prepare for the Q4 shopping season. StoreClaw’s data from the first two weeks of August shows ecommerce listing and copywriting activity declining as back-to-school launches wind down, while product selection activity more than doubled , compared with the prior two weeks in late July. At the same time, content creation and advertising activity increased more than threefold compared with late July, suggesting that sellers are moving to prepare for the holiday season much earlier than in the past.  "Retailers used to treat the holidays as a sprint that starts after Halloween. That's not how it works anymore. It’s now a y...

Geely Begins Global Rollout of D-Segment Hybrid SUV Monjaro EM-i in Egypt

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CAIRO, Egypt, Aug. 30, 2026 (GLOBE NEWSWIRE) -- Geely launched the Monjaro EM-i in Egypt, beginning the global rollout of its first D-segment hybrid SUV. The new model combines comfort, efficiency, and confident handling and is designed to meet the needs of customers across diverse markets, while setting a new benchmark for quality and driving dynamics in the hybrid D-SUV segment. With the help of the GEA Evo global intelligent new-energy flagship architecture,the Monjaro EM-i can support flexible space development, multiple energy systems, and comprehensive vehicle safety, the architecture brings together five core strengths: performance, driving dynamics, safety, comfort, and intelligent technology.  All-Round Performance: Efficient Hybrid Power and Confident Control The EM-i Super Hybrid system combines electric drive with a highly efficient 1.5TD dedicated hybrid engine, balancing responsive performance with fuel efficiency. The Ultra AWD accelerates from 0 to 100 km/h in 5.83 ...

OlloBot Introduces OlloNi SS1, an AI Companion Cyber-Pet Designed for Everyday Family Interaction

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HongKong, Aug. 28, 2026 (GLOBE NEWSWIRE) -- OlloBot announced the introduction of the OlloNi SS1 , an embodied AI companion cyber-pet robot featuring a distinctive 2+1 multi-screen design, proactive emotional interaction, and a detachable “Red Heart” memory module that preserves personalized family memories. Through voice, facial expressions, physical movement, and environmental sensing, the robot is designed to build an evolving, long-term connection with household members.  Developed to address gaps in modern family companionship, the robot is designed to provide an interactive presence for households seeking deeper connection. Potential users include older adults living alone, children separated from parents by distance, and professionals who spend much of their daily lives on their own. A Shift in Home Robotics: From Tools to Companions The launch of the OlloNi SS1 arrives during a transition in the companion-robot market. Early-generation products often relied on passive voice...