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Search results for “chauffer service”
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.
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 raises RMB 3.68 billion in latest funding round
04/13/2016
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2:27:31 PM
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UCAR completed a financing round on February 29 and raised RMB 3.68 billion, pushing the company’s post-money valuation to RMB 28.7 billion, according to Charles Lu, chairman of the Chinese chauffeured service provider
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.
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.
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.
HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million
03/25/2016
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10:16:44 PM
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A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.
Uber expects profits in China in two years
03/30/2016
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2:04:40 PM
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Uber says it will start to make money in China within two years.
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