Zoomcar Holdings(ZCAR)

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Zoomcar to Announce Financial Results for Fiscal Year Ending March 31, 2025
Prnewswire· 2025-06-23 12:52
BENGALURU, India, June 23, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (OTCQX: ZCAR), the leading marketplace for self-drive car sharing in India, plans to report its financial and operating results for the fiscal year ending March 31, 2025 before markets open on June 30, 2025. The Company will post the release on its Investor Relations website investor-relations.zoomcar.com.The Company management will host a live Zoom Webinar at 8.00 am Eastern Time (US) on Monday, June 30, 202 ...
Zoomcar and Wego Join Forces to Unlock Self-Drive Travel for Global Tourists in India
Prnewswire· 2025-05-13 12:17
A timely partnership for today's global traveler navigating rising tariffs, airfare hikes, and a return to local-first explorationBENGALURU, India, May 13, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing in India, has partnered with Wego,the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), to offer seamless access to self-drive rentals for travel ...
Zoomcar Announces Trading on OTCQX Best Market
Globenewswire· 2025-05-08 11:00
Bangalore, India, May 08, 2025 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (OTCQX: ZCAR), a leading marketplace for self-drive car sharing in India, announced that its common shares and warrants are transitioning from the Nasdaq Global Markets to trading on the OTCQX Best Market and the OTCQB Venture Market, respectively, under the ticker symbols of “ZCAR” and “ZCARW”, respectively. The OTCQX Market represents the highest market of OTC Markets Group’s offerings and is designed fo ...
Zoomcar Introduces Prepaid Vouchers; Confirms Its India-First Operating Model Unaffected by US-India Tariffs
Prnewswire· 2025-04-08 11:00
Core Insights - Zoomcar Holdings, Inc. has launched Zoomcar Vouchers to allow users to prepay for future trips, aiming to enhance user retention and encourage repeat bookings [1][2] - The company reports a doubling of the repeat booking rate, with repeat user bookings now surpassing those from new users [1] - CEO Hiroshi Nishijima emphasizes the importance of building trust and long-term relationships with customers to ensure sustainable business growth [2] Company Overview - Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing, connecting Hosts with Guests for affordable car rentals [3] - The company focuses on promoting sustainable transportation solutions within India [3] Business Strategy - The introduction of Zoomcar Vouchers is part of a strategy to provide users with greater flexibility in travel planning and to deepen customer relationships [2] - The company remains unaffected by US tariffs due to its India-first operating model and commitment to domestic mobility solutions [2] - Zoomcar is optimistic about its growth plans for Fiscal 2025 and beyond, positioning itself to capture opportunities in the Indian car-sharing market [2]
Mobility Pioneer Uri Levine Returns to Zoomcar as Chairman to Accelerate Growth in India
Prnewswire· 2025-03-31 12:30
Core Insights - Zoomcar Holdings, Inc. has appointed Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective March 31, 2025, indicating a strategic focus on rapid expansion in the mobility sector [1][2][3] - Levine's extensive experience in mobility technology and user-centric strategies is expected to enhance Zoomcar's growth trajectory, particularly in the Indian market [2][3][4] Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a leading marketplace for self-drive car sharing, connecting Hosts with Guests for affordable car rentals [6] - The company aims to promote sustainable and smart transportation solutions in India, capitalizing on the increasing demand for flexible mobility options [3][4] Leadership Transition - Mohan Ananda, the current Chairman, will transition to Chairman Emeritus while remaining an active board member, ensuring continuity in leadership [1][3] - Uri Levine's role will include strategic oversight and mentorship, focusing on driving growth initiatives and enhancing user experience [4] Market Potential - The appointment of Levine is anticipated to strengthen Zoomcar's strategic direction and operational optimization, allowing the company to capture the vast potential of the Indian market [3][4] - Levine's previous successes with Waze and Moovit, which have millions of active users globally, highlight his capability to scale innovative mobility solutions [5]
Zoomcar Holdings, Inc. Announces 1-for-20 Reverse Stock Split
Globenewswire· 2025-03-19 21:15
Core Viewpoint - Zoomcar Holdings, Inc. announced a reverse stock split at a ratio of 1-for-20 to increase the per share trading price and attract institutional investors while maintaining compliance with Nasdaq listing requirements [1][4]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on March 21, 2025, with trading on a split-adjusted basis starting March 24, 2025 [1]. - The number of issued and outstanding shares will decrease from approximately 14,208,606 to about 710,431 shares [3]. - The par value per share will remain unchanged, and adjustments will be made to stock options and equity incentive plans accordingly [3]. Group 2: Approval Process - Stockholders approved the reverse stock split proposal at a special meeting on February 18, 2025, with the final ratio determined by the Board of Directors [2]. - The Board approved the 1-for-20 reverse stock split on March 9, 2025 [2]. Group 3: Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a leading marketplace for self-drive car sharing, promoting sustainable transportation solutions [6].
TechBullion and Citybiz Interviews with CEO Hiroshi Nishijima of Zoomcar
Prnewswire· 2025-03-05 14:15
Core Insights - The interviews with Hiroshi Nishijima, CEO of Zoomcar, highlight the company's transformation from an asset-heavy model to a leading car-sharing marketplace in India [2][3] - Nishijima emphasizes the role of technology and AI in shaping the future of Zoomcar, focusing on supply growth and strong unit economics for profitability [2] - The discussions also cover the strategic priorities for growth and the evolving landscape of mobility and technology, positioning Zoomcar favorably in this context [3] Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a prominent marketplace for car sharing, connecting Hosts with Guests for affordable transportation solutions [4]
Asset-Light Model Transforming Mobility Solutions for Customers in India: Zoomcar
Prnewswire· 2025-02-24 22:35
Industry Overview - The transportation landscape in India is evolving with peer-to-peer car sharing models transforming the future of mobility, making self-drive accessible without the need for large fleets [1] - The "asset-light model" is considered game-changing for the mobility market in India, enabling sustainable and cost-efficient transportation options [1] Company Insights - Zoomcar Holdings, Inc. is a leading marketplace for self-drive car sharing, allowing vehicle owners to connect with users seeking rental vehicles, similar to the Airbnb model [2] - The asset-light strategy employed by Zoomcar minimizes capital expenditures, allowing for organic growth in supply while optimizing operational costs and enhancing sustainability [2] - Founded in 2013 and headquartered in Bengaluru, India, Zoomcar promotes sustainable and smart transportation solutions by connecting Hosts with Guests for affordable car rentals [3]
Zoomcar Holdings(ZCAR) - 2025 Q3 - Earnings Call Transcript
2025-02-14 14:00
Zoomcar Holdings (ZCAR) Q3 2025 Earnings Call February 14, 2025 08:00 AM ET Company Participants Vivian Tong - Investor Relations AdvisorHiroshi Nishijima - CEOSachin Gupta - CFO Vivian Tong Ladies and gentlemen, thank you for joining us today. Welcome to Zoomcar's Third Quarter of Fiscal Year twenty twenty four to twenty twenty five Earnings Results Call. My name is Vivian Tong, Head of Investor Relations of Zoomcar, and I shall be coordinating today's session. Joining me today are Chief Executive Officer ...
Zoomcar Announces Stockholder Meeting on 18 February 2025
Prnewswire· 2025-01-29 03:30
Company Overview - Zoomcar is a leading marketplace for self-drive car sharing, founded in 2013 and headquartered in Bengaluru, India [4] - The company connects Hosts with Guests, offering a selection of cars for affordable use, promoting sustainable transportation solutions in India [4] Upcoming Stockholder Meeting - Zoomcar will hold a Stockholder Meeting on February 18, 2025, starting at 12:00 PM EST, which will be conducted virtually [1] - Stockholders as of December 30, 2024, are entitled to participate and are encouraged to exercise their voting rights [2] - Voting can be done prior to the meeting via www.proxyvote.com or during the meeting through a virtual platform [2]