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 added.
Shares of SunCar were up 4.1% in recent trading.
Price: 9.55, Change: +0.38, Percent Change: +4.14
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