Tencent-backed Chinese auto insurtech provider Cheche mulls overseas expansion in 2024

Tencent-backed Chinese auto insurtech provider Cheche mulls overseas expansion in 2024

Zhang Lei, founder and CEO of Cheche Group

Chinese auto insurtech firm Cheche Group is considering an expansion into overseas markets including Southeast Asia and the Middle East this year as several of its domestic new energy vehicle (NEV) clients double down on global forays to ease an industry overcapacity.

Edited by: Padma Priya