On December 30, Caocao Mobility unveiled a dual - strategic acquisition plan. It has successfully acquired 100% of the equity in Weixing Technology Co., Ltd. (operating under the brand Yaoxing Mobility) and has set its sights on acquiring 100% of the equity in Zhejiang Geely Business Services Co., Ltd. (Geely Business Travel). Once these acquisitions are finalized, Yaoxing Mobility and Geely Business Travel will transform into wholly - owned subsidiaries of Caocao Mobility. This strategic maneuver is designed to enhance Caocao Mobility's product portfolio. The overarching goal is to construct a comprehensive, one - stop technology - driven travel platform. This platform will cater to a wide spectrum of user needs, encompassing all possible travel scenarios for both individual and corporate clients. It will offer a diverse range of services, from standard to premium options, and seamlessly integrate regular travel with business travel services.