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UCAR to Raise RMB 2.4 Bln to Develop O2O Car Trading Platform Maimaiche
UCAR Inc., 6/05/17
Beijing-based high-end car hire service Shenzhou Private Car (UCAR) (838006.NEEQ) has announced plans to raise RMB 2.4 bln, mainly to finance the development of its subsidiary O2O car trading platform Shenzhou Maimaiche (Tianjin) Technology Development. Read More
C2C Used Car Sales Platform Souche Secures USD 100 Mln Series C
iYiou, 11/15/16
Beijing-based Souche Holdings, operator of online C2C second-hand car sales platform Souche, recently announced completion of USD 100 mln Series C funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), and car hire service operator UCAR (838006.NEEQ). Read More
Bitauto Plans USD 80 Mln NYSE IPO
Tencent Tech, 11/01/10
Beijing-based automotive website firm Bitauto has filed an IPO prospectus with the U.S. Securities and Exchange Commission (SEC) in preparation to raise USD 80 mln in an NYSE listing under the ticker symbol "BITA." Read More
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