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Outbound travel service provider Phoenix Tours closes RMB 700 million C round

11/07/2017|8 years ago

Outbound travel service provider Phoenix Tours announced that it has received RMB 700 million in its C round financing. It will continue to balance supply and demand with the funds raised.

Insight into Yongche and Haier's new car rental JV

01/21/2015|11 years ago

CTN columnist shares his thoughts on JV: Yongche has accepted RMB8 billion from Haier, will it become a viable operating a fleet of 80,000-100,000 vehicles by 2017?

Letv invests in Yongche’s D Series financing to become major shareholder

10/21/2015|10 years ago

Yongche has revealed t has completed a D Series financing round and will restructure its shareholding structure to make Letv its largest shareholder alongside Ctrip.

Yongche invests US$1.3 billion in rental offshoot

01/09/2015|11 years ago

Yongche will launch a car rental operation called Yongche Rental with RMB8 billion.

Ctrip bolsters its Yongche investment but stays out of operations

06/10/2015|10 years ago

Ctrip said it would fully support Yongche’s development as a shareholder and Yongche would continue to maintain independent operations.

CAR Inc signs purchase deal with VW to enlarge fleet

05/13/2015|10 years ago

CAR Inc has signed an agreement to purchase 100,000 cars for at least RMB10 billion from Shanghai Volkswagen over the next three years.

Yongche, Chery and Botai to jointly develop smart electric vehicle for car sharing

02/04/2015|11 years ago

Yongche, Chery Automobile and Botai Group will pioneer a key-free smart electric car model, “eChery” by iVokaOS, available for car sharing within two years.

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