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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.

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.

CAR Inc attracts investment in its latest US$300 million bond issue

08/06/2015|3:42:14 PM|

Chinese car rental giant CAR Inc issued US$300 million in bonds on August 3, its second batch this year after issuing US$500 million in January.

CAR Inc leads US$250 million investment in online car marketplace Youche

07/02/2015|3:43:55 PM|

CAR Inc has invested US$125 million to acquire half of the 5 million Series A preferred shares issued by Youche. CAR Inc now has a 10% stake in Youche.

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