Chinese Auto Dealer Plans $433 Million Ipo

Chinese motor-vehicle dealer China Yongda Automobiles Services Holdings plans to raise up to $433 million in an initial public offering ahead of its listing in Hong Kong on May 30, people familiar with the situation said.

  • The Chinese Car Invasion Is Coming
    Now it’s one of the five biggest manufacturers in the world, selling about 1.25 million ... plans to hopscotch across the ocean. “This is the next step,” said Mike Jackson, chief executive officer of AutoNation Inc., the largest U.S. auto-dealer ...
    04/23/2018 - 10:00 am | View Link
  • Amid trade rift, China to allow full foreign auto ownership
    Facing the risk of a trade fight with the United States, China announced plans Tuesday to allow full foreign ownership ... In China, the move to open the auto industry reflects growing official confidence in the country's young but fast-growing automakers ...
    04/17/2018 - 8:44 pm | View Link
  • How China is pushing ecommerce further than any nation in the world’s history
    This was all done via mobile phones — no dealer visit or third-party ... million potential customers and 120 million car owners. Thus we can provides a complete, integrated set of infrastructure plans for the auto brands to better use their national ...
    04/11/2018 - 10:31 pm | View Link
  • The Future of Retail is Happening Right Now in China
    Instead of visiting one dealer at a time and spending ... Alibaba is rolling out “auto vending machines.” It recently launched its first with Ford in the bustling southern city of Guangzhou and plans more in the near-future. The Ford auto vending ...
    04/10/2018 - 6:41 pm | View Link
  • Courtship begins for Chinese brands
    "This might be the next Hyundai," he said, after participating in a dealer gathering with GAC officials that was closed to the media. "They laid out a timeline last night that was pretty aggressive." Perhaps it was only a matter of time before Chinese auto ...
    04/2/2018 - 1:00 am | View Link
  • More
  • Canadian auto dealer
    Driving dealer performance and profits. Ally Financial and Mobiliti are looking at options that would provide dealers using Mobiliti’s app-based vehicle subscription service with auto financing and remarketing solutions.
    04/22/2018 - 5:36 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    04/22/2018 - 10:48 am | View Website
  • Wires
    12 Mins Ago. LONDON, April 19- The euro edged back towards $1.24 on Thursday as investors shrugged off a rise in long-term U.S. bond yields and sold the dollar.
    04/20/2018 - 6:54 am | View Website
  • Autoblog: New Cars, Used Cars for Sale, Car Reviews and News
    Autoblog brings you automotive news; expert reviews of cars, trucks, crossovers and SUVs; and pictures and video. Research and compare vehicles, find local dealers, calculate loan payments, find your car's book value and get a service estimate at
    04/20/2018 - 3:55 am | View Website
  • Techmeme
    Ben Bajarin / @benbajarin: Amazon's 100 million primeAccounts is very likely accounts not people. Many families share accounts so active users of a prime account is certainly quite a bit higher than 100 million.
    04/20/2018 - 2:37 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News