OnTime revenue surges 140 per cent to 4 03 billion yuan
Mobility provider OnTime recorded revenue of 4 035 billion yuan in the first half of 2026 while gross profit exceeded 500 million yuan following strong order growth
OnTime, a Chinese mobility technology and service provider, reported record revenue and significant growth in its first half of 2026 financial results. The company's revenue surged by 140.7% to RMB 4.035 billion, with gross profit reaching RMB 501 million, marking a 156.3% increase. Net losses narrowed by 45.2% compared to the same period in the previous year.
The company's core mobility services, including ride-hailing and Robotaxi, generated RMB 3.92 billion in revenue, up 139.5% year-on-year. Daily orders reached 1.015 million, surpassing the one-million mark for the first time. OnTime's technology services segment also saw impressive growth, with revenue rising by 274.4% to just over RMB 100 million, with a gross margin of 22.7%.
The segment expanded into embodied AI in the first half of 2026, bolstering its prospects in AI and positioning the technology services as a key driver of future growth.
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