CHINA TOPIX

12/22/2024 08:08:54 pm

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Bitauto

Bitauto Holdings Raises Funding.

Bitauto’s Subsidy Yixin Capital Raises US$550 From Tech Consortium

Bitauto Holdings Limited has announced that it has led a consortium to raise funds for its subsidiary unit Yixin Capital.

Baidu

Baidu Joins Hands with China Pacific Insurance, to Start Online Auto Insurance Business

Chinese online search behemoth Baidu Inc. announced a joint venture with China Pacific Property Insurance, a subsidiary of China Pacific Insurance Group Co. earlier this week.

Transportation Company Bitauto Attracts $300 Million Funding

Bitauto Raises $300 Million in Funding Round: Baidu Invests $50 Million

Bitauto Holdings Ltd., an online content and marketing services outfit, raised $300 million in its latest funding round. Leading technology companies such as JD.com, Tencent and Baidu participated, with each contributing $50 million.

Bitauto

Tencent and JD.com to Invest $1.55 Billion in Bitauto

Bitauto’s website provides automakers and dealers advertising services.

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