Chinese auto information website operator Bitauto Holdings Ltd said it is raising US$300mil (RM1.22bil) from Internet companies Tencent Holdings Ltd, Baidu Inc and JD.com Inc and an additional investor.
The three companies will invest US$50mil (RM203.74mil) each in Bitauto.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!