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Search results for “car sharing”
eHi takes the lead in P2P car share
02/28/2015
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9:50:36 AM
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eHi will leverage its resources to try to take the lead in the domestic car sharing market with its newly launched online P2P car sharing platform called “hi”.
Airbnb, Xiaozhu reportedly in collaboration talks
04/05/2017
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4:17:49 PM
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Chinese home-sharing firm Xiaozhu is in discussions with Airbnb to cooperate in overseas markets such as Japan, South Korea and others. The tie-up will also likely cover China.
Countdown to the first ITB China Conference
04/20/2017
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10:07:56 AM
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Managers from major Chinese travel companies will provide insights into the expanding China market. The ITB China Conference has three areas of focus: destinations, online travel and business travel.
UCAR projects profit in 2017 after posting 7.3-billion-yuan net loss in two years
03/20/2017
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10:16:11 AM
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Car-hailing firm UCAR registered operating revenue of RMB 5.85 billion in 2016, up by 235% YoY, while net loss was RMB 3.6 billion. CEO Mr. Charles Lu was optimistic that UCAR would return a profit this year.
UCAR’s latest 4.6-billion-yuan placement falls short of target
03/03/2017
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10:15:38 AM
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Chinese taxi App UCAR announced that it has raised RMB 4.6 billion in a private placement to four new investors. The proceeds was less than half of the company’s original fundraising target of 10 billion yuan.
Hotel conglomerate LN Holdings’ 2016 net profit drops 21.96% to 30.61 million yuan
03/23/2017
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11:05:06 AM
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LN Holdings reported operating revenue of RMB 303 million in 2016, down by 0.99% YoY. Net profit dropped 21.96% to RMB 30.61 million during the time.
Apple, Tencent may join Softbank's proposed $6 billion investment in Didi
03/28/2017
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9:51:18 AM
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Chinese ride-sharing firm Didi Chuxing is weighing whether to take a USD 6 billion investment backed by SoftBank that could dilute existing backers such as Apple and Tencent, according to Bloomberg.
Bike-share startup ofo grabs $450 million in D round backed by DST, Didi
03/03/2017
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6:25:32 PM
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Bike rental company ofo announced that it has raised USD 450 million in the recently closed series D round funding, backed by DST, Didi, CITIC and others.
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