China’s Automakers Team Up With Tencent, Alibaba To Prepare $1.45B For Ride-Sharing

Login to View

Chinese state-owned automakers and the country’s internet firms including Tencent and Alibaba Group have jointly launched a private equity company last week, planning to invest RMB9.76 billion (US$1.45 billion) in a ride-sharing company that is featured with new energy vehicles (NEVs).

China Money Network

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

Read 2 Articles for Free with a Basic Account

Gain limited and restricted access to China Money Network.

Register Basic Account

Subscribe for an annual subscription!

Enjoy comprehensive and exclusive data you can't find elsewhere!

More Info

Subscribe and Pay Easily Online!

Already have an account or paid subscription? Log in