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Search results for “CAR Inc. UCAR”
Rental revenue of CAR Inc. increases 36% in Q1 2016
05/17/2016
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4:39:52 PM
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During the first quarter, rental revenue of CAR Inc. increased 36% to RMB1,255.2 million and its net profit grew 55% to RMB274 million.
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016
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4:29:02 PM
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Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
Alibaba completes surprising investment in UCAR with a 10% stake
03/24/2016
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5:08:53 PM
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Alibaba is said to have completed its investment in B2C chauffeured service UCAR, splashing out RMB 3 billion in exchange for nearly 10% of UCAR’s shares.
CAR Inc. reports rental revenue growth at 53% in 2015
03/09/2016
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6:14:54 AM
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CAR Inc. recorded an increase of 53% in last year's rental revenue to RMB4,399 million and gross margin was 47.5%, compared with 43.2% in 2014.
UCAR and Edaijia team up to secure their corner of the ride-hire segment
10/16/2015
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11:55:25 AM
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CAR Inc’s UCAR has formed a strategic partnership with driver-hire platform Edaijia to share resources and secure the ride-share market.
UCAR raises US$550 million boosting market valuation to US$3.55 billion
09/17/2015
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8:59:07 AM
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CAR Inc. has announced that it is forking out US$50 million to take part in UCAR Group’s Series B financing. The financing round generated a total of US$550 million for UCAR, the operator of CAR Inc’s UCAR chauffeurerd service.
Mobile rules, but offline, too, is pivotal as car rental brands scale up
08/22/2015
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8:53:45 AM
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Car rental and service providers in China are looking at mobile for growth and cost controlling but that doesn’t mean that offline touch points are going out of favour.
CAR Inc leads US$250 million investment in online car marketplace Youche
07/02/2015
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3:43:55 PM
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CAR Inc has invested US$125 million to acquire half of the 5 million Series A preferred shares issued by Youche. CAR Inc now has a 10% stake in Youche.
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