Search results for “CAR Inc”
WeChat innovates Mini Program, hints at travel services
01/09/2017|10:06:26 PM|
WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.
CAR Inc attracts investment in its latest US$300 million bond issue
08/06/2015|3:42:14 PM|
Chinese car rental giant CAR Inc issued US$300 million in bonds on August 3, its second batch this year after issuing US$500 million in January.
UCAR completes restructuring and may go public this year
02/18/2016|8:41:58 AM|
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.
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
CAR Inc leads US$250 million investment in online car marketplace Youche
07/02/2015|3:43:55 PM|
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.
Youche Technology transfers UCAR operations to Huaxia Lianhe
01/05/2016|6:49:20 PM|
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|9:37:22 PM|
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.
CAR Inc open to venturing into “auto-related” business areas
05/28/2015|9:27:51 PM|
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.
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