Cao Cao Mobility Strengthens Corporate Mobility Platform

On December 30, Cao Cao Mobility announced two strategic acquisitions designed to reinforce its position in the corporate mobility market and expand its service scope. The company revealed plans to acquire full ownership of StarRides and Zhejiang Geely Business Travel Services Co. Ltd. widely known as Geely Travel, marking a significant step in its long-term platform strategy.
These acquisitions will see both StarRides and Geely Travel become wholly owned subsidiaries once the transactions are completed. The move is intended to transform Cao Cao Mobility into a comprehensive, technology-driven mobility platform capable of serving both individual and enterprise users across a broad range of scenarios.
Cao Cao Mobility Expands Enterprise-Focused Capabilities
Since entering the corporate mobility segment in 2016, Cao Cao Mobility has steadily expanded its enterprise footprint. By the end of 2024, the platform had provided services to more than 13,500 corporate clients, reflecting strong demand for integrated mobility and travel solutions.
StarRides adds expertise across several premium and enterprise-oriented use cases, including:

• Corporate event transportation
• Daily business travel services
• High-end and premium ride-hailing offerings

Geely Travel complements this portfolio with end-to-end corporate travel management capabilities, covering business travel planning, meeting coordination, and event services. Together, these strengths are expected to enhance Cao Cao Mobility’s ability to address complex enterprise mobility needs within a single ecosystem.
Unified Platform for Mobility and Business Travel
Following integration, both acquired companies are expected to continue serving their existing clients while benefiting from Cao Cao Mobility’s platform scale and digital infrastructure. The consolidation is designed to unlock synergies on the enterprise side by bringing together individual mobility, corporate transportation, and business travel management under one unified platform.
This integrated approach enables coverage across:

• Individual and corporate users
• Standard and premium mobility services
• Mobility combined with business travel management

By streamlining these offerings, Cao Cao Mobility aims to deliver a consistent, standardized experience while improving operational efficiency and service quality for enterprise customers.
Global Expansion Supported by Strategic Acquisitions
The acquisitions also align closely with Cao Cao Mobility’s international growth ambitions. StarRides already operates in 12 major global cities, including Paris, Tokyo, and Seoul, providing the company with an established overseas service footprint. Geely Travel brings experience in serving multinational enterprises, further strengthening Cao Cao Mobility’s global client base.
Together, these capabilities are expected to accelerate Cao Cao Mobility’s expansion into international markets, particularly in regions where demand for premium and corporate mobility services is growing.
Strengthening Geely’s Core Mobility Strategy
As the primary commercial platform for Robotaxi deployment within Geely Holding Group, Cao Cao Mobility plays a central role in the group’s broader mobility strategy. The latest consolidation is expected to improve internal alignment, enhance execution efficiency, and reinforce Cao Cao Mobility’s position as the group’s core platform for capturing growth in corporate travel and mobility services.
Commenting on the development, CEO Gong Xin stated that the acquisitions represent a critical milestone in building a truly integrated mobility platform. By combining StarRides’ global premium service network with Geely Travel’s intelligent travel management solutions, Cao Cao Mobility aims to seamlessly connect daily commuting, executive transportation, and comprehensive corporate travel management, supporting long-term value creation in the global smart mobility sector.