Cheche Group Rides High With NIO Partnership, Eyes Expansion: Details
Cheche Group's NEV insurance prospects soar with NIO partnership, aiming to revolutionize digital insurance management in China's EV market.
Weak China Car Market Puts Brakes On Cheche’s Growth
Key Takeaways:
Cheche’s net revenue rose 1% year-on-year in the first quarter, lagging growth rates for the value and number of transactions on its platform
The results indicate both insurance underwriters and Cheche are facing pricing pressure from growing competition in a sluggish auto market
By Warren Yang
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