On September 7, Cao Cao Mobility announced a share buyback of 170,000 shares for HK$2.3119 million, at prices between HK$13.49 and HK$13.73 per share. The repurchased shares will be held as treasury stock. Cumulative buybacks reach 4.8609 million shares, representing 0.83% of issued shares as of the authorization date.
Marriott Bonvoy and DiDi launched a co-branded membership program. DiDi V4-V8 users can claim Marriott Bonvoy elite status, while Marriott Bonvoy Silver and above members can receive DiDi benefits. Eligible ride-hailing trips earn Marriott Bonvoy points, integrating the two loyalty programs.
On August 21, Tongcheng Travel announced the completion of its tender offer for Dida Chuxing, receiving valid acceptances of 911 million shares, representing approximately 88.74% of the total issued share capital. Post-acquisition, Dida Chuxing will maintain brand and operational independence, and Tongcheng Travel plans to seek to maintain its Hong Kong listing status.
Fosun Tourism Group and Didi Chuxing signed a strategic cooperation agreement to integrate membership systems and create an integrated vacation and mobility membership service ecosystem. Since August 1, Club Med members can enjoy exclusive discounts on Didi rides, and Didi V3+ members can access Fosun vacation product offers. The partnership shifts benefits from arrival to departure.
Amadeus released 'Global Mobility Trends: Decoded, Traveler Insights 2026', based on a survey of 3,000 global travelers. It found 68% are likely to use AI assistants to book transport, with 33% very likely. Over 80% value AI for personalized recommendations, and nearly 80% appreciate post-trip loyalty offers. 47% are willing to share driver's license details in advance to speed up car rental. Only 7% report a completely smooth mobility experience, with top pain points being language barriers (32%) and unexpected costs (31%).
Lyft has acquired the UK business of London black cab app Gett for an undisclosed amount, expected to close in coming weeks. The acquisition enables Lyft to offer a range of ground transport options in London, from black cabs to bikes and chauffeur services. Lyft previously acquired Freenow and TBR Global Chauffering, and plans to test autonomous rides with Baidu in London.
Autonomous vehicle company Zoox has partnered with Uber to launch robotaxis on the Uber app, marking Zoox's first partnership with a third-party platform. The companies plan to launch in Las Vegas this summer and expand to Los Angeles by mid-2027. Zoox, acquired by Amazon in 2020, currently offers free rides in Las Vegas and select San Francisco neighborhoods. Uber CEO Dara Khosrowshahi highlighted Zoox's safety commitment and advanced technology as ideal for partnership.