Search results for “UCar”
UCAR raises US$550 million boosting market valuation to US$3.55 billion
09/17/2015|8:59:07 AM|
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.
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.
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.
CAR Inc. solidifies its position, entry barriers get stronger too
03/18/2016|11:12:19 AM|
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.
CAR Inc. net profit soars by 220% thanks to hired and rental services
03/11/2016|10:17:23 PM|
Buoyed by its strategic expansion in car-rental, ride-sharing and second-hand car trading, the B2C-focused CAR Inc. registered 220% growth in net profit last year.
Can business travel thrive in the sharing economy?
09/02/2016|8:24:14 PM|
China's sharing economy still has a long way to go in terms of trust.
Uber China matures as stronger more localized service
11/30/2015|12:31:46 AM|
Uber China’s strategy director Zhen Liu said Uber’s market share in China has grown from 2% in the beginning of the year to 35% now.
CAR acknowledges fragmentation, ready to sustain growth
11/20/2015|6:37:54 PM|
CAR Inc. is counting on collaboration with UCAR as well as its new corporate structure going forward
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