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China’s Bitauto raises $300M, with Baidu, JD.com and Tencent each chipping in $50M
#HTE
As the on-demand transportation industry continues to heat up in China, one of the bigger online marketplaces for cars is also capitalizing on the growth. Bitauto Holdings — which both operates a giant car marketplace that we’ve in the past described as Cars.com, Consumer Reports and Auto Trader rolled into one; and also invests in transportation startups — has announced… Read More
http://techcrunch.com/2016/06/06/chinas-bitauto-raises-300m-with-baidu-jd-com-and-tencent-each-chipping-in-50m/?ncid=rss
As the on-demand transportation industry continues to heat up in China, one of the bigger online marketplaces for cars is also capitalizing on the growth. Bitauto Holdings — which both operates a giant car marketplace that we’ve in the past described as Cars.com, Consumer Reports and Auto Trader rolled into one; and also invests in transportation startups — has announced… Read Morehttp://techcrunch.com/2016/06/06/chinas-bitauto-raises-300m-with-baidu-jd-com-and-tencent-each-chipping-in-50m/?ncid=rss