On August 27, CAOCAO INC released its financial results for the first half of fiscal 2026, covering the period from January to June 2026. The company reported a net loss attributable to shareholders of RMB 381 million during this timeframe.

This figure marks a significant improvement, with the loss narrowing by 21.81% compared to the same period in the previous fiscal year. The results highlight the company's ongoing efforts to enhance operational efficiency and reduce overall losses.

During the six-month reporting window, which spans from January 1, 2026, to June 30, 2026, the ride-hailing platform continued to focus on strategic growth initiatives while managing costs effectively. The narrower deficit signals a positive trajectory for the firm as it works toward long-term profitability.