Workflow
Online - Offline Business Model
icon
Search documents
中国互联网汽车_2025 年第二季度预览:基于收入加速增长和市场整合,看好途虎-China Internet Auto Classified 2Q25 Preview Prefer Tuhu on accelerated revenue growth and market consolidation
2025-07-23 02:42
22 July 2025 | 7:23PM HKT China Internet: Auto Classified 2Q25 Preview: Prefer Tuhu on accelerated revenue growth and market consolidation We preview upcoming results for auto classified platforms Tuhu Car (1H25 results in late Aug) and Autohome (2Q25 results on Jul 31) under our coverage. We continue to favor Tuhu Car (+15% over the past 3 months vs. HSTECH +14% and ATHM +1%) on its accelerated revenue growth and margin expansion in 2025E, driven by faster online user growth, steady offline capacity expans ...