Streetbeat News

ZCAR

Zoomcar Holdings, Inc.

https://www.zoomcar.com

Industry

Rental & Leasing Services

Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.

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Zoomcar Holdings, Inc. (NASDAQ: ZCAR) has launched its first Fulfillment Center in Chennai and plans to add over 100 centers and 1000 cars by December 2024. These centers, operated by third-party service providers, aim to enhance guest experiences and manage car listings for hosts.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:21 pm

Zoomcar has launched a unified app to enhance the car-sharing experience for both guests and hosts, replacing its previous two-app system. The new app includes over 10 feature upgrades aimed at boosting platform growth and user satisfaction.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 2:13 pm

Zoomcar Holdings received a notice from Nasdaq indicating that the company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(c), according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 8:13 pm

NIO Inc. (NYSE:NIO) shares fell 8.5% after the resignation of CFO Steven Wei Feng. Other notable movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 120%, Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) up 70.5%, and Macy’s, Inc. (NYSE:M) up 10.4% due to an increased acquisition bid. XPeng Inc. (NYSE:XPEV) declined 10% after announcing vehicle delivery figures.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 4:59 pm

Shares of Sharps Technology, Inc. (NASDAQ:STSS) surged 31.7% in pre-market trading after receiving two purchase orders for approximately one million SecureGard syringes for 2024 delivery. Other notable pre-market movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 53%, Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) up 18.7%, and Adamas One Corp. (NASDAQ:JEWL) down 19.3%.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm

The article highlights the intraday movements of 12 industrial stocks on Thursday. Notable gainers include Multi Ways Holdings, LiqTech Intl, FTC Solar, Shapeways Holdings, NeoVolta, and Byrna Technologies. Significant losers include Zoomcar Holdings, Sunrise New Energy, noco-noco, Matrix Service, Palladyne AI, and FTAI Infrastructure.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

The article highlights the pre-market movements of 12 industrial stocks on Thursday. Notable gainers include Zoomcar Holdings (ZCAR), Mesa Air Group (MESA), and Dragonfly Energy Holdings (DFLI). Significant losers include Shapeways Holdings (SHPW) and Solidion Technology (STI).

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) shares are trading higher after the company announced an expected increase in fiscal year 2024 revenue and a significant decline in net loss. The company attributes these improvements to higher duration bookings, reduced incentive payments, and cost-saving measures.

Portfolio Pulse from Erica Kollmann

July 03, 2024 | 2:24 pm

Zoomcar Holdings shares are trading higher following the company's announcement of expected revenue growth and reduced net loss for FY24.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:52 am

Zoomcar Holdings shares are trading higher following the company's announcement of expected revenue growth and reduced net loss for FY24.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:19 pm

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