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Stock impact report

SunCar Technology teams up with Xiaomi's insurance affiliate [Yahoo! Finance]

SunCar Technology Group Inc. - Ordinary Shares (SDA) 
Company Research Source: Yahoo! Finance
This collaboration will leverage SunCar's intelligent insurance service platform, aiming to provide insurance services in 14 cities across the country. The platform, which is powered by cloud architecture, combines big data and AI technologies to create a "dynamic" insurance ecosystem. It aims to improve the connections between insurance providers and the capabilities of intermediaries and agents. This enhanced partnership is expected to enable Xiaomi to offer its customers comprehensive digital and intelligent insurance solutions through software-as-a-service and platform-as-a-service cloud services. Targeted at Xiaomi's mobile car owners, the services promise a streamlined and user-friendly insurance experience. The collaboration will cover key cities including Shanghai, Guangzhou and Chengdu, among others. SunCar CEO and chairman Ye Zaichang said: "We are thrilled to further enhance our collaboration with Xiaomi Group and Beijing Houji. This collaboration further exten Show less Read more
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