Search results for “UCar”
UCAR becomes controlling shareholder of CAR Inc. after shares transfers
03/16/2016|10:09:54 PM|
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.
Key takeaways from the concluded 2017 China Hotel Marketing Conference
06/13/2017|10:41:12 AM|
The 2017 China Hotel Marketing Conference co-hosted by TravelDaily China and ChinaTravelNews focused on “Reshaping The Experience” has successfully concluded in Shanghai. Here’re some key takeaways from the event:
UCAR completes restructuring and may go public this year
02/18/2016|8:41:58 AM|
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.
Ride-hailing platforms including Didi and Uber raise prices, no more money burning
07/28/2016|11:33:16 AM|
Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.
Youche Technology transfers UCAR operations to Huaxia Lianhe
01/05/2016|6:49:20 PM|
After the restructuring, Huaxia Lianhe will replace Youche Technology as UCAR’s new holding company and will operate all of UCAR’s chauffeur service.
UCAR on track to list in China within a year
12/22/2015|9:37:22 PM|
UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
UCAR raises US$550 million in B Series financing
10/09/2015|3:46:41 PM|
Youche Technology, the operator of top Chinese car rental company CAR Inc’s UCAR chauffeur service, has raised US$550 million in its B Series financing round.
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016|4:29:02 PM|
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
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