Cao Cao Mobility Hits RMB 20 Billion Revenue in 2025, Accelerates Global Robotaxi Expansion

On March 29, Cao Cao Mobility released its first annual report since going public: total revenue for 2025 reached RMB 20.2 billion, up 37.7% year-over-year; gross profit amounted to RMB 1.89 billion, a significant increase of 59.3% year-over-year, with gross margin rising to 9.4%. The company achieved positive adjusted net profit in the fourth quarter. Its platform services now cover 195 cities across China, with an average monthly active user base of 41.3 million (+43.9%) and 631,000 monthly active drivers (+35.4%). The company is accelerating its transition toward Robotaxi operations, having already deployed over 100 autonomous vehicles and launched the world’s first “Green Intelligent Mobility Island.” Through a partnership with the Abu Dhabi Investment Office, Cao Cao Mobility will establish an overseas entity in Abu Dhabi. It plans to unveil a fully customized Robotaxi model in 2026, begin mass production in 2027, and expand into more cities both domestically and internationally, including exploring opportunities in the Hong Kong market.