Search results for “CAR Inc. UCAR”
UCAR to acquire 14.54% of CAR Inc. for RMB 1.917 billion
10/30/2017|10:50:08 AM|
China’s chauffeured car service provider UCAR announced its plan to buy 318 million shares of CAR Inc., a provider of car rental services, for HK$ 2.262 billion (RMB 1.917 billion).
UCAR’s latest 4.6-billion-yuan placement falls short of target
03/03/2017|10:15:38 AM|
Chinese taxi App UCAR announced that it has raised RMB 4.6 billion in a private placement to four new investors. The proceeds was less than half of the company’s original fundraising target of 10 billion yuan.
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.
CAR Inc. reports slight increase in three-quarter net profit
11/17/2016|6:56:39 PM|
CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.
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.
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017|7:36:52 PM|
eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
Alibaba’s rumored partnership with UCAR may intensify car-hailing competition
03/28/2016|2:09:29 PM|
While the report of Alibaba taking a stake in UCAR is still not officially confirmed by either party, the companies have been collaborating closely and quietly.
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.
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