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Geely’s ride-hailer Cao Cao to seek new funds: report · TechNode


Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely, plans to complete a new funding round in the first half of 2022, Bloomberg reported Monday, citing the company’s CEO Gong Xin. Earlier this month, Cao Cao raised $590 million from state-owned enterprises. Gong said the company might seek an IPO in the next five years. [Bloomberg]



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Written by Aakash Malu

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