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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.
Plateno Group restructures brand categories and plans A share listing
06/24/2015|10:06:24 AM|
Plateno Group is doing structural reorganization and brand integration and is now looking for an opportunity to make an A share listing.
Zouzhe Travel gets US$8.29 million in Series A financing to make DIY travel platform
06/18/2015|10:11:25 AM|
Zouzhe Travel received RMB51.46 million in the what is said to be the largest Series A funding yet for any Chinese destination travel service company.
Beijing climbs in rankings conference international host
06/11/2015|9:54:38 AM|
Beijing is ranked 14th globally and 2nd regionally in terms of the number of international conferences held in 2014, according to ICCA.
Apartment rental QK365 receives US$29 million in Series B financing
06/01/2015|9:14:05 PM|
Shanghai-based apartment rental service QK365 announced it received a funding of RMB180 million (approx: US$29 million) in its Series B financing round.
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.
Insight into Yongche and Haier's new car rental JV
01/21/2015|8:44:14 AM|
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?
Taxi apps poised for transition to chauffeur service niche
02/03/2015|6:11:55 PM|
In the future Kuaididache and Didi Taxi shift the focus of their main operation to chauffeur service and channeling their existing users to it.
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