Men look at an electric vehicle of Caocao Zhuanche, a chauffeur ride-hailing platform backed by Zhejiang Geely Holding Group, at a new energy vehicle (NEV) trade fair in 2016. Photo: Reuters
Men look at an electric vehicle of Caocao Zhuanche, a chauffeur ride-hailing platform backed by Zhejiang Geely Holding Group, at a new energy vehicle (NEV) trade fair in 2016. Photo: Reuters
IPO

Geely-backed ride-hailing firm Cao Cao Mobility said to pick three banks for Hong Kong IPO plan

  • Cao Cao is a smaller rival to Didi Global and is backed by auto tycoon Li Shufu of Zhejiang Geely group
  • Firm is said to have picked investment banks ABC, Bank of America and Huatai to help prepare for its listing as soon as April next year

Men look at an electric vehicle of Caocao Zhuanche, a chauffeur ride-hailing platform backed by Zhejiang Geely Holding Group, at a new energy vehicle (NEV) trade fair in 2016. Photo: Reuters
Men look at an electric vehicle of Caocao Zhuanche, a chauffeur ride-hailing platform backed by Zhejiang Geely Holding Group, at a new energy vehicle (NEV) trade fair in 2016. Photo: Reuters
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