SunCar Technology Gets $6.8 Million Car Wash Project Contract From Walmart in China-March 2024-www.financetom.com

SunCar Technology Gets $6.8 Million Car Wash Project Contract From Walmart in China

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

SunCar Technology Gets $6.8 Million Car Wash Project Contract From Walmart in China

Jan 8, 2025 7:48 AM

10:27 AM EST, 01/08/2025 (MT Newswires) -- SunCar Technology Group ( SDA ) said Wednesday it received an exclusive contract for the 2025 Sam's Club Premium Membership Car Wash Project from Walmart's ( WMT ) Walmart (China) Investment.

The company will deliver premier car wash services across 17 cities under the 49 million Chinese renminbi ($6.8 million) contract.

The cities include Shanghai, Shenzhen, Guangzhou, Chengdu, Chongqing, Changsha, Hangzhou, Suzhou and Zhuhai, SunCar ( SDA ) added.

Shares of SunCar ( SDA ) were up 4.1% in recent trading.

Price: 9.55, Change: +0.38, Percent Change: +4.14

Previous page： International Labour Organisation seeks better working conditions for key workers Next page： India is leading the charge on tackling climate challenge, says London deputy mayor

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

International Labour Organisation seeks better working conditions for key workers

Mar 18, 2023

The International Labour Organisation has released a report on world employment and social outlook for the year 2023. The findings from the report highlight a significant discrepancy between the value of work and the working conditions of key workers.

India is leading the charge on tackling climate challenge, says London deputy mayor

Mar 20, 2023

Speaking to CNBC-TV18, Agarwal highlighted fintech and renewable energy as two key areas of interest for London companies seeking to expand into India, citing India's leadership in tackling the climate challenge as well as its rapidly-growing tech ecosystem.

China plans 7.2% defence spending rise this year, sets growth target of 5%

Mar 4, 2023

China released it's national budget on Sunday, which was closely watched by its neighbours and in Washington as a barometer of how aggressively the country will beef up its military. The country targets inflation rate of around 3 percent for 2023 and deficit-to-GDP ratio is projected at 3 percent for 2023.

Technical issues at Lufthansa cause delays in Frankfurt

Mar 26, 2023

A spokeswoman of Lufthansa told DPA that check-in systems on the airline’s website and at the counter, as well as boarding, were affected at Germany’s biggest airport. Some flights were delayed or would have to be canceled because of the problems.