CAOCAO INC (02643) saw its shares rise more than 5% during the morning trading session. At the time of writing, the stock was up 3.64%, trading at HK$35.28, with a turnover of HK$64.87 million. The movement follows the company's recent announcement of a comprehensive strategy to enter the corporate travel services market, estimated to be worth trillions of yuan.

According to an announcement on the company's official social media account, CAOCAO INC detailed its new partner rule system for the year at the 2026 Partners Conference. The company introduced a "Driver Mood Index" and formally launched its global business travel service strategy, marking a full-scale entry into the massive corporate travel market. The company has now established comprehensive service capabilities covering both daily mobility and business travel.

During the conference, CAOCAO INC's CEO Gong Xin stated that although the industry has entered a stage of competing for existing market share in 2025, the company has achieved rapid growth across all business metrics in the first half of the year, significantly outpacing the industry average. The net growth in the number of partners has doubled year-on-year. The company also unveiled its Robotaxi 1.0 and 2.0 products and is accelerating the commercialization of its autonomous taxi services. Furthermore, through the acquisition of Yao Chuxing and a planned acquisition of Geely Business Travel, CAOCAO INC is transforming into a global, full-scenario technology-driven mobility platform by entering the trillion-yuan business travel market.