曹操出行 网约车行业普遍遵循以下简易盈利模型：对平台而言，毛利润=GTV-用户补贴-司机收入-司机补贴；对司机而言，毛利润=司机收入+司机补贴-车辆持有 成本（TCO，包括车辆折旧/租赁费、能源费、维修保养费）。 毫无疑问，平台与司机都追求各自毛利润最大化。平台希望提高GTV、降低对用户和司机的补贴，但这容易与司机和用户的利益产生冲突，对司机而言， 补贴直接关乎净收益，对用户而言，补贴降低意味着价格提升。同时，在网约车流量入口从独立App转向聚合平台后，用户、司机在不同网约车平台的切 换成本均大幅降低，因此，如何平衡与司机、用户的利益，成为平台面临的重要难题。 成为港股市场规模最大的科技出行平台。 6月25日，曹操出行正式登陆港交所，成为港股市场规模最大的科技出行平台。 尽管此前港交所已有嘀嗒出行、如祺出行两家网约车服务平台相继上市，但对资本市场而言，曹操出行依然是一个特别的存在： 一是规模明显更大，2024年曹操出行GTV达到170亿元，在网约车行业市占率第二；二是业务生态更综合，公司不仅兼具自营车队+三方合作运力，还大 规模部署持有成本更低的定制车模式；三是业务探索更前沿，公司自2025年2月起在两个城市 ...

Core Viewpoint - Caocao Travel has officially listed on the Hong Kong Stock Exchange, becoming the largest technology ride-hailing platform in the market, with significant advantages in scale, business ecosystem, and innovative exploration in the industry [1][12]. Group 1: Business Performance and Financials - Caocao Travel's projected GTV for 2024 is expected to reach 17 billion yuan, holding the second-largest market share in the ride-hailing industry [1]. - The company's revenue for 2022, 2023, and 2024 is reported at 7.631 billion, 10.668 billion, and 14.657 billion yuan respectively, with a compound annual growth rate of 39% [1]. - The adjusted net loss is expected to narrow from 1.65 billion yuan in 2022 to 724 million yuan in 2024, indicating improving financial health [6]. Group 2: Custom Vehicle Advantages - By the end of 2024, Caocao Travel will operate a fleet of over 34,000 self-owned custom vehicles across 31 cities, with plans to expand to 50,000 vehicles [2]. - The proportion of custom vehicle GTV to total GTV is projected to increase from 5.3% in 2022 to 25.1% in 2024, showcasing a growing trend [2]. - The average hourly income for drivers has increased from 30.9 yuan in 2022 to 35.7 yuan in 2024, significantly higher than the industry average of approximately 27 yuan [3]. Group 3: Cost Structure and Profitability - The total cost of ownership (TCO) for Caocao's custom vehicles is significantly lower than typical electric vehicles, with reductions of 33% and 40% for its two main models [4]. - The adjusted driver income and subsidies as a percentage of ride service revenue decreased from 84.2% in 2022 to 79.0% in 2024, while vehicle service costs dropped from 7.9% to 3.53% [4]. - The gross margin improved from -4.44% in 2022 to 8.09% in 2024, reflecting the positive impact of the custom vehicle model on profitability [4]. Group 4: Competitive Advantage and Market Position - Caocao Travel has established a unique supply-side barrier through its custom vehicle ecosystem, which is difficult for competitors to replicate due to the required automotive industry background [8]. - The shift towards aggregation platforms has increased competition, making it essential for ride-hailing services to differentiate themselves beyond mere scale [7]. - The company is well-positioned to leverage its partnership with Geely to enhance its capabilities in automated driving and vehicle manufacturing, creating a closed-loop ecosystem [9]. Group 5: Future Outlook and Robotaxi Development - The emergence of Robotaxi is expected to fundamentally change the cost structure and profitability model of the ride-hailing industry, with significant market potential projected [10]. - By 2030, the domestic market for Robotaxi is anticipated to exceed 488.8 billion yuan, with a penetration rate of 36% in the shared mobility sector [10]. - Caocao Travel's existing supply-side advantages are expected to strengthen further as the Robotaxi era approaches, positioning the company favorably in future market competition [9][11].

Walking into the future.Transportation will be forever changed. Robotaxi is like Airbnb and Uber combined. https://t.co/GlbD4asXEO ...

RT Tesla Owners Silicon Valley (@teslaownersSV)Dear Tesla Team (@Tesla, @AshokElluswamy),Thank you for launching the Tesla Robotaxi service in Austin! As an early user, I have some feedback to improve the rider experience and make it even more seamless and user-friendly:1. Distance Notification for Pickup LocationThe Robotaxi app should notify users if they are far from the designated pickup point, including the estimated walking distance or time to reach it. This would help riders plan accordingly, especia ...

Dear Tesla Team (@Tesla, @AshokElluswamy),Thank you for launching the Tesla Robotaxi service in Austin! As an early user, I have some feedback to improve the rider experience and make it even more seamless and user-friendly:1. Distance Notification for Pickup LocationThe Robotaxi app should notify users if they are far from the designated pickup point, including the estimated walking distance or time to reach it. This would help riders plan accordingly, especially if the fixed pickup location is a block awa ...

FSD costs ~$3.33/dayFor less than the price of a politically-charged coffee, you basically own a Robotaxi.Make coffee at home. Save money. Live in the future. https://t.co/139IOlEPDD ...

CNBC’s Deirdre Bosa, joins 'The Exchange' to discuss the robotaxi race heating up. ...

Core Insights - International Flavors & Fragrances Inc. (IFF) has relocated its Global Business Services (GBS) center to a newly constructed facility in Hyderabad, India, emphasizing its commitment to innovation and a future-ready work environment [1][5]. Facility Details - The new Hyderabad facility spans 75,000 sq. ft. and can accommodate up to 600 employees, featuring an innovation studio for experimentation with automation, robotics, and AI [3][9]. - The facility is designed for collaboration and wellness, located in a prime financial district, and incorporates cutting-edge technologies to support global operations [2][4]. Sustainability and Inclusivity - IFF's new facility aims for LEED Gold certification and includes eco-friendly features such as solar lighting and rainwater harvesting [4][9]. - The design promotes adaptable workspaces tailored to various work styles, ensuring high-speed connectivity and top-notch security [4]. Financial Performance - In Q1 2025, IFF reported adjusted earnings of $1.20 per share, exceeding the Zacks Consensus Estimate of $1.12, marking a 6% improvement from the previous year [6]. - Net sales for the March-end quarter were $2.84 billion, a decrease of 1.9% year-over-year, but currency-neutral sales grew by 3%, driven by growth in several segments [7]. Stock Performance - Over the past year, IFF's shares have declined by 21.6%, contrasting with a 0.4% decline in the industry [8].

Tesla (TSLA) jumped as much as 10% on Monday following the long-anticipated launch of its driverless robotaxi service in Austin, TX — a pivotal move in the electric carmaker’s push toward full autonomy. Investors can capitalize on the growth with ETFs having a substantial allocation to this luxury carmaker. These include Simplify Volt TSLA Revolution ETF (TESL) , Consumer Discretionary Select Sector SPDR Fund (XLY) , Vanguard Consumer Discretionary ETF (VCR) , The Nightview Fund (NITE) and Fidelity MSCI Con ...

ab 23 June 2025 Powered by YES UBS Evidence Lab Global Research Tesla, Inc. The Tesla Robotaxi Network opportunity Investor focus on robotaxi is high. With Tesla launching their first robotaxi service in Austin, investor focus on the autonomous ride-hailing opportunity is very high. As such, we take a look at the opportunity. Net, if all goes according to plan (technology, regulatory, building and scaling a network, etc.) the opportunity can be significant - potentially a 2.3mm vehicle fleet by 2040 generat ...