IPO Year: 2022
Exchange: NASDAQ
BENGALURU, India, March 31, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announced today the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective today March 31, 2025. This strategic move signals Zoomcar's renewed focus on driving rapid expansion, leveraging Mr. Levine's unparalleled expertise in revolutionizing mobility. Mohan Ananda, current Chairman, will remain an active member of the Board and will assume the title of Chairman Emeritus upon this transition. Mr. Levine, a globally recognized visionary in the mobility technolog
Bangalore, India, March 19, 2025 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar" or the "Company"), a Nasdaq-listed leading marketplace for self-drive car sharing, announced today that it will effect a reverse stock split of its issued and outstanding shares of common stock, par value $0.0001 per share, at a ratio of 1-for-20. The reverse stock split will become effective at 4:30 p.m. Eastern Time on March 21, 2025, and the Company's common stock will begin trading on a split-adjusted basis when the market opens on March 24, 2025. The Company's common stock will continue to trade on the Nasdaq Global Market ("Nasdaq") under the symbol "ZCAR." The new CUSIP number for
BENGALURU, India, March 5, 2025 /PRNewswire/ -- TechBullion, a news platform dedicated to finance, technology, and company features, as well as Citybiz, a leading digital business news platform delivering local and national coverage across key industries, including finance, real estate, technology, and startups, both published yesterday interviews with Hiroshi Nishijima, Chief Executive Officer of Zoomcar Holdings, Inc. ('Zoomcar' or the 'Company') (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing. In the TechBullion interview, Mr. Nishijima addresses questions about the transformation of the company from asset heavy to the leading car-sharing marketplace in In
BENGALURU, India, Feb. 24, 2025 /PRNewswire/ -- A recent article published by ET Now News, India's leading English business news website, discussed the evolving transportation landscape in India, and how peer to peer car sharing models are transforming the future of mobility by making self-drive accessible without having to operate a large fleet. The "asset light model", as they call it, is game-changing for the mobility market in India, enabling sustainable and cost efficient transportation options. Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq
In the news release, Zoomcar Reports its Fiscal Third Quarter Financial 2024 Results, issued 14-Feb-2025 by Zoomcar over PR Newswire, we are advised by the company that the tables contain errors which were originally issued inadvertently. The complete, corrected release follows: Zoomcar Reports its Fiscal Third Quarter Financial 2024 Results Contribution Profit continues to increase in FQ3, reaching all time high Bookings growth of 19% vs prior year Achieved record Repeat User Rates and High Quality Host Retention Rates Debt restructuring under way BANGALORE, India, Feb. 14, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar," or "we," or "our"), the leading marketplace
Contribution Profit continues to increase in FQ3, reaching all time high Bookings growth of 19% vs prior year Achieved record Repeat User Rates and High Quality Host Retention Rates Debt restructuring under way BANGALORE, India, Feb. 14, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar," or "we," or "our"), the leading marketplace for car sharing in India, today announced results for its fiscal third quarter ended December 31, 2024. Hiroshi Nishijima, CEO of Zoomcar stated,. "We're seeing the improvements we've made in the customer experience bearing fruit, with repeat users doubling this quarter, high quality Host retention rates continuing to rise, and contribution pro
BANGALORE, India, Jan. 29, 2025 /PRNewswire/ -- Zoomcar, Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, announced that it will hold a Stockholder Meeting on February 18, 2025. The meeting will be held virtually, allowing stockholders to participate from anywhere, beginning at 12:00 PM EST. As described in the proxy materials, stockholders as of the close of business on December 30, 2024, the record date, are entitled to participate in the Stockholders Meeting. Zoomcar encourages all stockholders to actively participate in the meeting and exercise their voting rights. Stockholders may cast their votes prior
BENGALURU, India, Jan. 24, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ('Zoomcar') or the ('Company') (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, plans to report its financial and operating results for the third quarter ending December 31, 2024 before markets open on February 14, 2025. The Company will post the release on its Investor Relations website investor-relations.zoomcar.com. The Company management will host a live Zoom Webinar at 8.00 am Eastern Time (US) on Friday, February 14, 2025 to discuss the financial results and provide corporate updates. A link to the call will be posted on the Company's investor relations website at investor-relations.
BANGALORE, India, Jan. 24, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announces that Hiroshi Nishijima, Chief Executive Officer, will present a corporate overview at the Dealflow Events MicroCap Conference 2025. The conference is being held between January 28 - 30, 2025 at the Borgata Hotel Casino & Spa in Atlantic City, N.J. Mr. Nishijima's presentation will be held on January 30 at 9:30AM ET and will be available for one-on-one meetings with registered investors at the conference. A replay of Mr. Nishijima's presentation will be available after the conference on the Company's inv
BENGALURU, India, Jan. 9, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar", or "we", or "our"), the leading marketplace for car sharing in India, proudly announces a milestone achievement in its financial performance in select unaudited and unreviewed financial results for the third fiscal quarter ended December 31, 2024. The company recorded its highest-ever unaudited and unreviewed contribution profit for the single month in December 2024, amounting to $494,506 based on provisional financials for the month, sufficient to cover its operational costs in India (excluding exceptional items). Zoomcar currently only operates in India and does not incur operational costs in an
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BENGALURU, India, Aug. 16, 2024 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar," the "Company," "we," or "our"), the leading marketplace for car sharing in emerging markets, today reported select financial results for the first fiscal quarter ended June 30, 2024. Management Commentary "Our first fiscal quarter results reflect a robust performance in our ongoing efficiency efforts. We achieved record non-GAAP gross profit and contribution profit, while also laying the groundwork for substantial revenue growth in the coming quarters," stated Hiroshi Nishijima, CEO of Zoomcar. "This period also marked a significant milestone with the third consecutive quarter of contribution pr
BENGALURU, India, March 31, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announced today the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective today March 31, 2025. This strategic move signals Zoomcar's renewed focus on driving rapid expansion, leveraging Mr. Levine's unparalleled expertise in revolutionizing mobility. Mohan Ananda, current Chairman, will remain an active member of the Board and will assume the title of Chairman Emeritus upon this transition. Mr. Levine, a globally recognized visionary in the mobility technolog
BENGALURU, India, March 27, 2024 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, has partnered with ACKO Drive, a car buying platform by ACKO, to empower local Zoomcar Hosts to expand their car fleet. With this partnership, ACKO Drive is offering Zoomcar Hosts substantial savings of up to INR 85,000 on new car purchases along with attractive offers on car financing with instant loan approval, express car delivery and more. This partnership allows Hosts to expand their business presence and significantly increase their earnings. The demand for car sharing in the Indian travel l
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