SunCar Expands Partnership With The Inner Mongolia Branch Of China Continent Property & Casualty Insurance Co., Ltd, Expansion Contributed To A Increase In Service Sales, With A More Than 30% Rise In The First Half Of 2024
Portfolio Pulse from Benzinga Newsdesk
SunCar Technology Group Inc. (NASDAQ: SDA) has expanded its partnership with the Inner Mongolia branch of China Continent Property & Casualty Insurance Co., Ltd. This expansion has led to a more than 30% increase in service sales in the first half of 2024 compared to the same period in 2023.
August 01, 2024 | 1:10 pm
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SunCar Technology Group Inc. (NASDAQ: SDA) has expanded its partnership with the Inner Mongolia branch of China Continent Property & Casualty Insurance Co., Ltd. This expansion has led to a more than 30% increase in service sales in the first half of 2024 compared to the same period in 2023.
The expansion of the partnership with China Continent Insurance's Inner Mongolia branch has significantly boosted SunCar's service sales by over 30% in the first half of 2024. This indicates strong business growth and successful strategic partnerships, which are likely to positively impact SDA's stock price in the short term.
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