Hotai Motor acquired FunNow stake: what it means for Hotai Motor stock

Hotai Motor had acquired a minority stake in FunNow for USD 10.00 million on September 22, 2026, according to MarketScreener. For Hotai Motor stock, the transaction adds a quantified expansion angle beyond vehicle distribution and financing.

What the FunNow deal means

FunNow operates in the digital services economy, giving Hotai Motor an investment link outside its core automotive activities. The USD 10.00 million consideration is the clearest disclosed measure of the move, while the available report does not identify a revenue contribution from the investment.

Hotai Motor's broader portfolio includes vehicle sales, leasing, installment financing, insurance, used cars and mobility services. The company also represents Toyota, Lexus and Hino in Taiwan, according to Hotai Motor.

Second-quarter earnings advanced

Hotai Motor reported diluted earnings per share of TWD 13.62 for the second quarter of 2026, up 92.00 percent from the year-ago quarter, according to Winvest. Cumulative earnings per share through the second quarter reached TWD 21.57, an increase of 45.00 percent year over year.

Monthly revenue for August 2026 was TWD 26.80 billion, up 10.57 percent year over year, while cumulative revenue through August reached TWD 214.43 billion, up 13.13 percent. These figures keep vehicle demand and operating scale at the center of the earnings case, even as the FunNow investment broadens the corporate portfolio.

Market value and earnings date

On the Taiwan Stock Exchange, Hotai Motor last stood at TWD 518.00 on October 8, 2026 at 1:30 p.m. TST, down 1.52 percent from TWD 526.00. The stock's 52-week range was TWD 455.00 to TWD 633.00, placing the latest quote 18.17 percent above the low and 18.01 percent below the high.

Hotai Motor had a market capitalization of TWD 288.6 billion on October 8, 2026. The next earnings date is November 11, 2026, as listed by InvestPane.

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