{
  "id": 2987508,
  "title": "OnTime revenue surges 140 per cent to 4 03 billion yuan",
  "url": "https://urgent.news/2026/08/24/ontime-revenue-surges-140-per-cent-to-4-03-billion-yuan",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T09:17:56.000Z",
  "source": {
    "name": "Vietnam Investment Review",
    "slug": "vietnam-investment-review",
    "url": "https://vir.com.vn/ontime-revenue-surges-140-per-cent-to-403-billion-yuan-159268.html"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}