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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 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.

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.

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.

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