On the morning of January 30, CAOCAO INC officially announced that its overseas ride-hailing service is now available in 42 countries and approximately 16,000 cities worldwide, gradually establishing an extensive international mobility service network.
In cities covered by the overseas service, such as Los Angeles in the United States, Berlin in Germany, and Paris in France, users simply need to switch their location within the CAOCAO INC App to the target city to hail locally compliant vehicles. The entire booking process is supported in Chinese, with prices converted to Chinese Yuan at real-time exchange rates and settled via mobile payment tools. This approach not only spares users the hassle of downloading local applications but also bypasses the cumbersome steps of currency exchange or binding international payment methods, significantly simplifying the process of using ride-hailing services abroad.
As Chinese companies accelerate their global expansion, overseas business travel and local employee transportation have become crucial components of international operations. Since launching corporate client services in 2016, CAOCAO INC had served over 13,500 enterprises by December 31, 2024. Moving forward, the company plans to integrate services with its affiliates Yuan Cheng (Yao Chuxing) and Geely Business Travel, creating a comprehensive service chain that covers daily commuting, business receptions, and travel management. The global service network of Yuan Cheng has already expanded to 12 international cities, including Paris, Tokyo, and Seoul, while Geely Business Travel offers overseas corporate clients full-process travel solutions and comprehensive services for meetings and events.
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