Search results for “car hire”
Didi Kuaidi’s license a green light for full legalization of China’s chauffeur services
10/12/2015|3:43:00 PM|
The legalization of Didi-Kuaidi has sparked public discussion as to whether other car-hire platforms like Yongche, Uber and CAR Chauffeur can also get licensed.
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.
Uber invests US$991 million in China and joins the Shanghai Free Trade Zone
10/08/2015|10:42:21 PM|
Uber is setting up in the Shanghai Experimental Free Trade Zone by incorporating Shanghai Wubo Info Techn with registered capital of RMB2.1 billion.
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.
China Car Experts raises US$120 million in Series A financing
10/12/2015|10:25:30 PM|
Car rental platform China Car Experts has announced it has received US$120 million from Harvest Investment in its A Series financing round.
Shanghai Transport Authority slaps RMB100,000 fines on Uber and Yongche
09/28/2015|10:47:05 AM|
Shanghai Transportation Commission has issued Uber and Yongchewith a RMB100,000 fine each last week which neither car-hire apps have paid yet.
Rental and car share platform Woo Kong raises US$3 million angel investment
09/01/2015|6:04:55 PM|
O2O car sharing and hire platform Woo Kong has received a total of RMB20 million in angel investments from Buttonwood Capital and Jinkejun Capital.
Uber China boosts value to US8 billion as HNA Group joins its investor camp
10/10/2015|10:26:36 PM|
HNA Group has joined Uber China’s investors to help boost Uber China’s valuation to nearly US$8 billion, according to media reports.
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