Caocao FY2025 operating loss narrows 42.1% to RMB463 million; revenue rises 37.7% to RMB20 billion

Reuters03-27

Caocao FY2025 operating loss narrows 42.1% to RMB463 million; revenue rises 37.7% to RMB20 billion

Caocao published an annual results announcement with audited consolidated results for the year ended Dec. 31, 2025.
Revenue rose 37.7% to RMB20.2 billion, and gross margin increased 1.3 percentage points to 9.4% as revenue growth outpaced cost growth, supported by improved mobility-services efficiency and lower procurement costs in vehicle sales.
Loss for the year narrowed 50.8% to RMB613.6 million, while adjusted net loss fell 29.8% to RMB508.5 million.
Net cash generated from operating activities increased 60.3% to RMB378.3 million, and cash and cash equivalents were RMB1.2 billion.
GTV grew 38.2% to RMB23.4 billion and average monthly active users increased 43.9% to 41.3 million, as the company expanded service coverage to 195 cities after entering 59 new cities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caocao Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260327-12072938), on March 27, 2026, and is solely responsible for the information contained therein.

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