| Accounting Policies, by Policy (Policies) | 3 Months Ended |
| Mar. 31, 2024 |
| Basis of Presentation and Summary of Significant Accounting Policies [Abstract] | |
| Basis of Accounting and Presentation | Basis
of Accounting and Presentation |
| Use of Estimates | Use of Estimates - |
| Leases | Leases- |
| Principles of Consolidation | Principles of Consolidation-
Company Date
of establishment Place
of establishment Percentage
of legal Principal
activities
Subsidiaries:
Pony HK April 28, 2016 Hong Kong, PRC 100% Car services
Universe
Travel February 2, 2019 Mainland, PRC 100% Car services and Technological development and operation service |
| Cash and Cash Equivalents | Cash
and Cash Equivalents |
| Accounts Receivable | Accounts
Receivable As
of March 31, 2024 and December 31, The
Company March
31, 2024: XAARPLC (Shenzhen) Technology The Company determines the adequacy of reserves
for doubtful accounts based on individual account analysis and historical collections. The Company establishes a provision for doubtful
receivables when there is objective evidence that the Company may not be able to collect amounts due. The allowance is based on management’s
best estimates of specific losses on individual exposures, as well as a provision on historical trends of collections. The provision
is recorded against accounts receivable balances, with a corresponding charge recorded in the consolidated statements of operations and
comprehensive income (loss). Actual amounts received may differ from management’s estimate of credit worthiness and the economic
environment. Delinquent account balances are written-off against the allowance for doubtful accounts after management has determined
that the likelihood of collection is not probable. |
| Revenue Recognition | Revenue
Recognition Car service The Company currently provides car services to
individual and group travelers. It currently offers carpooling, airport pick-up and drop-off, and personal driver services for travelers
between Guangdong Province and Hong Kong. It collaborates with car fleet companies and charges a service fee by matching the traveler
and the driver. Redefining the user experience, the Company aims to provide its users with comprehensive and convenient service offerings
and to become a one-stop travel booking resource for travelers. When the traveler selects and initiates a car service request, an estimated
service fee is displayed and the traveler can further decide whether to place the service request or not. Once the traveler places the
ride service request and the Company accepts the service request, a car service agreement is entered into between the traveler and the
Company. Upon completion of the car services, the Company recognizes ride hailing services revenues on a gross basis. Technological development and operation service Revenues from technological development service,
including information technology system design and cloud platform development, are recognized monthly by a fixed amount based on the
contract. From time to time, the Company enters into arrangements
to provide technological support and maintenance service applications to its customers. The Company’s efforts are expended evenly
throughout the service period. The revenues for the technological support and maintenance services are recognized over the support and
maintenance services period, usually from 3 months to one year. The Company’s contracts have a single performance obligation and
are primarily on a fixed-price basis. There were no significant returns, refund and other similar obligations during each reporting period. |
| Cost of revenue | Cost of revenue |
| Income Taxes | Income Taxes |
| Value added tax (“VAT”) | Value
added tax (“VAT”) |
| Foreign Currency Translation | Foreign
Currency Translation The exchange rates used to translate amounts
in HK$ and RMB into USD for the purposes of preparing the financial statements were as follows:
March 31, 2024
Balance sheet HK$7.83 to US $1.00 RMB 7.22 to US $1.00
Statement of operation and other comprehensive income HK$7.82 to US $1.00 RMB 7.19 to US $1.00
December 31, 2023
Balance sheet HK$7.81 to US $1.00 RMB 7.09 to US $1.00
March 31, 2023
Statement
of operation and other comprehensive income HK$7.84 to US $1.00 RMB 6.84 to US $1.00 |
| Recent accounting pronouncements | Recent accounting pronouncements The
Company does not believe that any recently issued but not yet effective accounting standards, if currently adopted, would have a material
effect on the |
