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Search results for “UCar”
WeChat slams brakes on chauffeured service Yidao
07/15/2016
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7:21:36 PM
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Chinese car-hailing Yidao backed by Baidu complained that dominant messaging service WeChat has been intermittently blocking users from accessing its website via the app.
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016
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4:29:02 PM
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Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
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. 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.
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.
CAR acknowledges fragmentation, ready to sustain growth
11/20/2015
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6:37:54 PM
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CAR Inc. is counting on collaboration with UCAR as well as its new corporate structure going forward
Uber China matures as stronger more localized service
11/30/2015
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12:31:46 AM
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Uber China’s strategy director Zhen Liu said Uber’s market share in China has grown from 2% in the beginning of the year to 35% now.
CAR Inc. reports huge increase in profit for Q3
11/18/2015
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10:28:36 PM
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Rental revenue was RMB3,214 million, an increase of 50% y-o-Net profit was RMB1,001 million, compared with RMB327 million in the same period of 2014.
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