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Search results for “CAR Chauffeur”
UCAR completes restructuring and may go public this year
02/18/2016
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8:41:58 AM
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UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.
Transport Minister: Car-hailing rules draft completed
03/10/2016
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11:31:26 AM
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China's transport minister announced that the provisional rules on car-hailing service had been drafted while reiterating this does not necessarily mean legitimization of the business.
HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million
03/25/2016
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10:16:44 PM
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A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.
Chinese transport authority: ride-hailing subsidies competitively unfair
03/14/2016
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10:12:29 PM
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The transport minister said Didi Kuaidi and Uber subsidizing discounts and supplementing driver wages was competitively unfair and not sustainable.
Youche Technology transfers UCAR operations to Huaxia Lianhe
01/05/2016
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6:49:20 PM
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After the restructuring, Huaxia Lianhe will replace Youche Technology as UCAR’s new holding company and will operate all of UCAR’s chauffeur service.
UCAR on track to list in China within a year
12/22/2015
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9:37:22 PM
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UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
Consolidation is now inevitable in ground transportation
01/19/2016
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7:11:58 PM
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Since markets will not support so many companies offering duplicate services and customers are looking for a consistent experience, it is expected that ground partnerships and acquisitions will continue in the coming years,.
CAR acknowledges fragmentation, ready to sustain growth
11/20/2015
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6:37:54 PM
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CAR Inc. is counting on collaboration with UCAR as well as its new corporate structure going forward
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