Cango Inc. Reports Second Quarter 2023 Unaudited Financial Results
Cango Inc. (NYSE: CANG), today announced its unaudited financial results for the second quarter of 2023. Company's total revenues were RMB675.4 million (US$93.1 million).
Cango Inc. (NYSE: CANG), today announced its unaudited financial results for the second quarter of 2023. Company's total revenues were RMB675.4 million (US$93.1 million).
Cango’s revenue declined 31% year-on-year in the first quarter, but was up sequentially for a third consecutive quarter as its new business model gained momentum.
Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its unaudited financial results for the first quarter of 2023, reaching a net income of RMB78.8 million (US$11.5 million).
On April 27, China FAW representatives from FAW Fuhua, FAW-Volkswagen, and Shanghai Huaxing visited Cango’s office in Shanghai.
Cango’s used car platform, “Cango U-Car” APP recently received a major upgrade, featuring optimizations of its “Online Auction” function and “Dealer Assistant” (Che Shang Bao) service.
Cango Inc., leading automotive transaction service platform in China, announced its unaudited financial results for the fourth quarter and full year of 2022.
Cango announced that the Company launched its “Cango U-Car” mobile application (the “APP”) providing one-stop transaction support services to used car dealers across the country.
On Global Technology Mobility Summit 2022 in Shanghai, Cango made the shortlist for the “Top 10 Digital Service Providers in China’s Automotive Mobility Industry in 2022.”
By the China Automobile Dealers Association, Cango was honored to receive the “2022 Outstanding Member of the China Automobile Dealers Association - Digital Transformation Award”
CDIE announced the recipients of its “Huaying Corporate Digital Index (CDI) Awards”. Cango was honored to be listed among the “Top 30 CDI China Digital Enterprises in 2022”.