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Search results for “CAR Inc. UCAR”
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017
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7:36:52 PM
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eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
Alibaba’s rumored partnership with UCAR may intensify car-hailing competition
03/28/2016
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2:09:29 PM
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While the report of Alibaba taking a stake in UCAR is still not officially confirmed by either party, the companies have been collaborating closely and quietly.
CAR Inc. solidifies its position, entry barriers get stronger too
03/18/2016
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11:12:19 AM
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As debt financing, vehicle purchasing and setting up operations and a brand get tougher in auto mobility, CAR believes its current position is quite strong at this juncture.
Warburg Pincus plans USD 2 Billion Fund in China
03/28/2016
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3:52:23 PM
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Warburg Pincus LLC is eyeing another USD 2 billion for a new China private equity fund to invest following its latest USD 12 billion global fund.
CAR Inc. net profit soars by 220% thanks to hired and rental services
03/11/2016
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10:17:23 PM
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Buoyed by its strategic expansion in car-rental, ride-sharing and second-hand car trading, the B2C-focused CAR Inc. registered 220% growth in net profit last year.
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.
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.
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