PICC Invests $353M In Chinese Chauffeured Car Service Firm Ucar

Login to View

PICC Asset Management, a subsidiary of People’s Insurance Company of China Ltd., has made a RMB2.4 billion (US$353 million) strategic investment in Ucar Group, a mobile app-based chauffeured car service launched by Chinese car rental company Car Inc.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in

China Money Network Subscription

RELATED NEWS