Search results for “chauffeured car service”
CAR Inc. reports huge increase in profit for Q3
11/18/2015|10:28:36 PM|
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.
Didi-Kuaidi leverages investment partnerships in overseas strategy
11/09/2015|5:52:45 PM|
Unlike Uber, Didi-Kuaidi seeks to expand its global presence and influence by investing in Uber’s regional rivals like Lyft, Ola and Grabtaxi.
Letv invests in Yongche’s D Series financing to become major shareholder
10/21/2015|12:24:39 PM|
Yongche has revealed t has completed a D Series financing round and will restructure its shareholding structure to make Letv its largest shareholder alongside Ctrip.
UCAR and Edaijia team up to secure their corner of the ride-hire segment
10/16/2015|11:55:25 AM|
CAR Inc’s UCAR has formed a strategic partnership with driver-hire platform Edaijia to share resources and secure the ride-share market.
Didi Kuaidi’s license a green light for full legalization of China’s chauffeur services
10/12/2015|3:43:00 PM|
The legalization of Didi-Kuaidi has sparked public discussion as to whether other car-hire platforms like Yongche, Uber and CAR Chauffeur can also get licensed.
UCAR takes 5% of CAR Inc for US$210 million
10/13/2015|3:38:32 PM|
CAR Inc's main shareholder Grand Union will transfer 125.4 million of its CAR Inc shares to Youche Technology, at HK$13.5 per share for US$210 million.
Shanghai Transport Authority slaps RMB100,000 fines on Uber and Yongche
09/28/2015|10:47:05 AM|
Shanghai Transportation Commission has issued Uber and Yongchewith a RMB100,000 fine each last week which neither car-hire apps have paid yet.
Uber China to raise funding stake to US$2.5 billion in war with Didi Kuaidi
09/24/2015|10:49:24 AM|
Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.
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