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Search results for “UCAR”
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.
Alibaba completes surprising investment in UCAR with a 10% stake
03/24/2016
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5:08:53 PM
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Alibaba is said to have completed its investment in B2C chauffeured service UCAR, splashing out RMB 3 billion in exchange for nearly 10% of UCAR’s shares.
UCAR becomes controlling shareholder of CAR Inc. after shares transfers
03/16/2016
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10:09:54 PM
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Following share transfers from Hertz Holdings and the management of CAR Inc. to UCAR, the chauffeured service provider will become the largest shareholder of CAR Inc.
Car-hailing rules in Beijing, Shanghai call for local drivers
12/22/2016
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1:16:04 PM
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Detailed ride-sharing rules issued by Beijing and Shanghai requiring drivers to have local residency and license plates mean that vast majority of drivers currently in service will be ineligible.
Car Inc. ups 31% year on year in car rental revenue
11/22/2017
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10:50:10 AM
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For the nine months ended September 30, car rental revenue was RMB 2,838 million, an increase of 31% YoY. Net profit was RMB 662 million, compared with RMB 1,388 million in the same period of 2016.
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.
CAR Inc. reports slight increase in three-quarter net profit
11/17/2016
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6:56:39 PM
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CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.
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.
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