Total Revenue: RMB1 billion in Q2 2025. Bitcoin Mining Revenue: RMB989.4 million in Q2 2025. Net Loss: RMB2.1 billion in Q2 2025. Adjusted EBITDA: RMB710.1 million in Q2 2025. Bitcoin Production: ...
As China’s auto market slows after years of breakneck growth, car trader Cango Inc. (NYSE:CANG) is following many of its peers by looking outward for new opportunities. But such a dramatic shift for ...
Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services The company ...
Cango will merge its new and used car platforms onto a single service, in a major tweak to its new business model as a car-trading services provider. The company forecast its fourth-quarter revenue ...
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