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Search results for “CAR Inc. investments”
Sources say Uber to seek up to $1 Billion for China takeover
07/09/2015
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10:09:22 AM
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Uber Technologies Inc., the car-booking company, is seeking to raise as much as $1 billion in funding for its Chinese business, people familiar with the matter said.
CAR Inc open to venturing into “auto-related” business areas
05/28/2015
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9:27:51 PM
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CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
Chinese Uber rival to raise $15 billion for pushback
06/16/2015
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7:10:35 AM
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Chinese taxi app Xiaoju Kuaizhi Inc. is raising at least $1.5 billion to fend off Uber, while US based Uber plans to raise $1.5 billion at a valuation of $50 billion.
eHi Car Services announces private placement of common stocks
05/25/2015
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5:27:00 PM
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eHi Car Services Limited announced agreements for the issuance and sale in two tranches of up to a total of 22,337,924 Class A common shares.
Expedia, Inc. reports 14% growth in revenue in Q1 2015
05/01/2015
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11:15:42 AM
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Expedia's total revenue increased 14% in Q1 2015, driven primarily by the Core OTA business.
Mofang Apartments raises US$200 million form Warburg Pincus
05/21/2015
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10:44:35 AM
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Apartment rental platform Mofang Apartments has raised a total funding of close to US$200 million from Warburg Pincus to accelerate growth with its Apartment + strategy.
Tuniu announces US$500 million investment lead by JD.com
05/08/2015
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10:42:41 AM
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Tuniu announced that it will issue US$500 million in newly issued Class A ordinary shares in aggregate.
CAR Inc claims it will lead the chauffeur service segment within 6 months
04/01/2015
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3:45:19 PM
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CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”
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