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CCG

Cheche Group Inc.

https://www.chechegroup.com

Industry

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Cheche Group Inc. operates an online auto insurance platform. It offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. The company was founded in 2014 and is headquartered in Beijing, China. Cheche Group Inc. operates as a subsidiary of Prime Impact Cayman, LLC.

Open

0.90

Mkt cap

68M

Volume

108K

High

0.91

P/E Ratio

-0.63

52-wk high

10.00

Low

0.87

Div yield

N/A

52-wk low

0.56

Ooma, Inc. (NYSE:OOMA) shares surged 17% in pre-market trading after reporting better-than-expected Q1 results and issuing strong guidance for Q2 and FY25. Other notable pre-market movers include ReShape Lifesciences Inc. (NASDAQ:RSLS) up 130.2%, Scorpius Holdings, Inc. (NYSE:SCPX) up 48.7%, and Cue Health Inc. (NASDAQ:HLTH) down 41.9% after filing for Chapter 7 bankruptcy.

Portfolio Pulse from Avi Kapoor

May 29, 2024 | 12:07 pm

Cheche Group (CCG) has announced a partnership with Volkswagen (Anhui) Digital Sales and Services to bolster its New Energy Vehicle (NEV) insurance business. This collaboration aims to leverage Volkswagen Anhui's digital capabilities to enhance insurance offerings for NEV customers, potentially increasing market share and customer satisfaction for both entities.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:02 pm

Shares of companies in the financial sector are down despite strong bank earnings, due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:40 pm

Cheng Zhong has resigned as Co-CEO of Cheche Group (CCG) for personal reasons, with no disagreements cited. Lei Zhang will continue as the sole CEO.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 8:54 pm

Cheche Group has entered into a partnership with Xiaomi Group to offer auto insurance service solutions to car owners across multiple cities in China. This collaboration aims to leverage Cheche Group's expertise in insurance services with Xiaomi's vast consumer base and technological prowess, potentially increasing market penetration and customer satisfaction for both companies.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:46 pm

Cheche Group (NASDAQ:CCG) reported a Q4 adjusted loss of $(0.01) per share with sales totaling $122.22 million.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:22 pm

Earnings reports for March 28, 2024, include a mix of expected profits and losses across various sectors. Notable companies like Walgreens Boots Alliance and MSC Industrial Direct Co anticipate earnings, while others like Shimmick and Affimed project losses. The diversity of industries, from healthcare to technology and finance, highlights the varied performance within the market.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 9:24 am

Five Below, Inc. (NASDAQ:FIVE) reported Q4 earnings of $3.65 per share, up from $3.07 year-over-year, with revenue of $1.34 billion, up from $1.12 billion. The company anticipates Q1 earnings between 58 cents and 69 cents per share, with revenue between $826 million and $846 million. Shares fell 12.9% in pre-market trading. Other stocks like LexinFintech Holdings Ltd. (NASDAQ:LX), Li Auto Inc. (NASDAQ:LI), TeraWulf Inc. (NASDAQ:WULF), Cheche Group Inc. (NASDAQ:CCG), Tourmaline Bio, Inc. (NASDAQ:TRML), and Sasol Limited (NYSE:SSL) also recorded losses in pre-market trading following their respective updates.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 10:15 am

In Wednesday's intraday session, the insurance industry saw notable movements. Marpai, Abacus Life, Cheche Group, Intl General Insurance, Kingstone Companies, and Hippo Holdings were gainers, with increases ranging from 2.94% to 8.84%. Conversely, James River Gr Hldgs, Universal Insurance Hldgs, Reliance Global Group, United Fire Gr, Donegal Gr, and Crawford were losers, with decreases ranging from 1.35% to 3.73%. Intl General Insurance's Q4 earnings were released yesterday.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:40 pm

In Monday's intraday session, several insurance stocks experienced significant movements. Marpai, Fanhua, Huize Holding, Tian Ruixiang Holdings, Oxbridge Re Holdings, and MBIA were among the gainers, with increases ranging from 3.52% to 22.85%. Conversely, Root, Maiden Holdings, Cheche Group, Crawford, Kinsale Capital Group, and Goosehead Insurance were the losers, with decreases ranging from 2.93% to 4.09%.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 5:40 pm

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