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Search results for “Yongche”
UCAR raises US$550 million boosting market valuation to US$3.55 billion
09/17/2015
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8:59:07 AM
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CAR Inc. has announced that it is forking out US$50 million to take part in UCAR Group’s Series B financing. The financing round generated a total of US$550 million for UCAR, the operator of CAR Inc’s UCAR chauffeurerd service.
Rental firms sit back and enjoy the ride after policy change
08/18/2014
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9:55:59 AM
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Executives of the car rental company Yongche are rubbing their hands with delight as representatives of state enterprises beat a path to their doors looking to do business after a major change in government policy.
Ctrip makes a high-profile entry into the Chinese-language vehicle charter
08/19/2015
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5:31:16 PM
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Ctrip has announced it will be launching a Chinese-language vehicle charter service in Europe and will likely make acquisitions for this service in the future.
CAR Inc attracts investment in its latest US$300 million bond issue
08/06/2015
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3:42:14 PM
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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.
Ctrip fills war chest with offering of US$1 billion convertible senior notes
06/18/2015
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8:29:08 AM
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Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
Chinese Uber rival to raise $15 billion for pushback
06/16/2015
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7:10:35 AM
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Chinese taxi app Xiaoju Kuaizhi Inc. is raising at least $1.5 billion to fend off Uber, while US based Uber plans to raise $1.5 billion at a valuation of $50 billion.
Didi-Kuaidi gives away free rides to fend off Uber
05/25/2015
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3:17:55 PM
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Didi Kuaidi will give away 1 billion yuan worth of rides to commuters to promote its new chauffeur service.
Uber up and running on Baidu Map app
04/30/2015
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6:00:37 PM
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Baidu map and its mega partner Uber have finally launched joint operations. Our reporter took the new collaboration on a test drive.
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