曹操出行2.9亿收购耀出行与吉利商旅，整合资源加速布局高端商旅赛道

ITBEAR科技资讯2025-12-31

曹操出行近日宣布完成两项重要战略收购，以现金支付方式全资收购高端出行平台耀出行及吉利商旅，进一步拓展其出行服务版图。此次收购标志着曹操出行在整合吉利系出行资源、完善业务矩阵方面迈出关键一步。耀出行此前由吉利控股集团与梅赛德斯-奔驰出行共同持股，专注于高端出行服务领域，涵盖企业会议用车、高端网约车等业务。曹操出行通过旗下联属实体杭州优行，以2.25亿元总对价收购耀出行全部股权，其中浙江济底与梅赛德斯...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2600970807?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-12-31 23:54","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2600970807","market":"hk","top_or_hot":-1,"title":"曹操出行2.9亿收购耀出行与吉利商旅，整合资源加速布局高端商旅赛道","media":"ITBEAR科技资讯","content":"<div>\n<p>曹操出行近日宣布完成两项重要战略收购，以现金支付方式全资收购高端出行平台耀出行及吉利商旅，进一步拓展其出行服务版图。此次收购标志着曹操出行在整合吉利系出行资源、完善业务矩阵方面迈出关键一步。耀出行此前由吉利控股集团与梅赛德斯-奔驰出行共同持股，专注于高端出行服务领域，涵盖企业会议用车、高端网约车等业务。曹操出行通过旗下联属实体杭州优行，以2.25亿元总对价收购耀出行全部股权，其中浙江济底与梅赛德斯...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101002708a48f4197&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>曹操出行2.9亿收购耀出行与吉利商旅，整合资源加速布局高端商旅赛道</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n曹操出行2.9亿收购耀出行与吉利商旅，整合资源加速布局高端商旅赛道\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-31 23:54 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101002708a48f4197&s=b><strong>ITBEAR科技资讯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>曹操出行近日宣布完成两项重要战略收购，以现金支付方式全资收购高端出行平台耀出行及吉利商旅，进一步拓展其出行服务版图。此次收购标志着曹操出行在整合吉利系出行资源、完善业务矩阵方面迈出关键一步。耀出行此前由吉利控股集团与梅赛德斯-奔驰出行共同持股，专注于高端出行服务领域，涵盖企业会议用车、高端网约车等业务。曹操出行通过旗下联属实体杭州优行，以2.25亿元总对价收购耀出行全部股权，其中浙江济底与梅赛德斯...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101002708a48f4197&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02643","symbol_name":"曹操出行","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101002708a48f4197&s=b","article_id":"2600970807","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260101002708a48f4197&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2600970807","pubTimestamp":1767196495,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"曹操出行近日宣布完成两项重要战略收购，以现金支付方式全资收购高端出行平台耀出行及吉利商旅，进一步拓展其出行服务版图。交易完成后，梅赛德斯-奔驰出行将彻底退出耀出行股东结构，耀出行成为曹操出行全资子公司。曹操出行间接全资附属公司苏州优行以6500万元现金收购浙江吉利商务服务有限公司100%股权，吉利商旅由此纳入曹操出行体系。从业务布局来看，此次收购旨在填补曹操出行在高端出行和商旅服务领域的空白。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"80175":"吉利汽车-R","02643":"曹操出行","00175":"吉利汽车","GELYY":"吉利汽车ADR","LU1282651121.HKD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (HKD) INC","LU1224444064.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AM\" (USDHDG) INC","BK1255":"旅客陆运","IE00BZ08YR35.GBP":"GUINNESS BEST OF CHINA \"C\" (GBP) ACC","BK1539":"汽车股","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","BK1521":"挪威政府全球养老基金持仓","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU1861214812.USD":"Blackrock Future of Transport A2 USD","BK1589":"北水核心资产","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","BK1119":"汽车制造商","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC"},"translate_title":"Caocao Travel acquired Yao Travel and Geely Business Travel for RMB 290 million, integrating resources and accelerating the layout of high-end business travel tracks","themeId":"886ed0349f3a428758a4c8e93ea10255","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80175":0.6,"GELYY":0.6,"EVS.SI":0.6,"00175":0.9,"02643":1.5},"content_text":"曹操出行近日宣布完成两项重要战略收购，以现金支付方式全资收购高端出行平台耀出行及吉利商旅，进一步拓展其出行服务版图。此次收购标志着曹操出行在整合吉利系出行资源、完善业务矩阵方面迈出关键一步。耀出行此前由吉利控股集团与梅赛德斯-奔驰出行共同持股，专注于高端出行服务领域，涵盖企业会议用车、高端网约车等业务。曹操出行通过旗下联属实体杭州优行，以2.25亿元总对价收购耀出行全部股权，其中浙江济底与梅赛德斯-奔驰出行各持有50%股权。交易完成后，梅赛德斯-奔驰出行将彻底退出耀出行股东结构，耀出行成为曹操出行全资子公司。另一笔收购聚焦商旅服务赛道。曹操出行间接全资附属公司苏州优行以6500万元现金收购浙江吉利商务服务有限公司100%股权，吉利商旅由此纳入曹操出行体系。吉利商旅长期承接吉利体系内部商旅业务，提供差旅规划、预订、费用管控及会议活动全案服务，积累了大量企业客户资源。从业务布局来看，此次收购旨在填补曹操出行在高端出行和商旅服务领域的空白。曹操出行创立于2015年，作为吉利控股集团布局新能源汽车共享生态的战略投资项目，已跻身中国网约车平台前三。2025年上半年，公司实现营收94.56亿元，同比增长53.5%，毛利率提升至8.4%，亏损规模同比收窄39.8%。尽管财务状况持续改善，但其业务核心仍集中于标准化个人出行和中端企业出行市场。耀出行的核心价值在于其高端服务品牌认知和全球服务网络，积累了稳定的高端客户资源；吉利商旅则通过吉利体系内长期运营，开发出成熟的差旅管理产品。通过收购，曹操出行可快速获取这两家公司的核心资产，无需从零搭建高端出行和商旅服务体系，显著缩短业务拓展周期。曹操出行CEO龚昕表示，收购完成后将打通“日常通勤-商务接待-差旅管理”全场景服务链条，实现从个人到企业、从标准到高端的全覆盖。当前，国内网约车市场已进入存量竞争阶段，企业纷纷转向差异化、高端化布局。高端出行和商旅服务作为高附加值赛道，成为头部平台争夺焦点。曹操出行此前业务集中于中端市场，此次收购有助于其完善业务矩阵，提升市场竞争力。然而，整合过程也面临挑战。三家企业在服务标准、运营模式和团队管理上存在差异，尤其是耀出行的高端化服务模式与曹操出行的大众化网约车业务存在运营体系融合难题。财务数据显示，耀出行在2023至2024年连续两年税后亏损超5700万元，小体量运营下可能难以快速实现自给自足，需外部持续支持。高端出行领域已有礼橙专车、首汽约车等玩家布局，商旅服务领域则聚集了携程商旅、同程商旅等专业平台，曹操出行切入后需快速形成差异化优势。北方工业大学汽车产业创新研究中心主任纪雪洪分析认为，吉利集团整体处于战略整合阶段，效果初步显现。曹操出行作为吉利出行板块的核心载体，在尚未盈利、耀出行规模有限的情况下，通过资源整合降低成本、提高效率，同时拓展toB商旅业务，有望增强在出行市场的竞争力。此次收购能否实现预期目标，仍需观察后续整合效果及市场反应。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.37.0","shortVersion":"4.37.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2600970807","isCrawlerRequest":true}