Bitauto Holdings, a leading automotive information service in China, announced on Tuesday a $550 million USD strategic investment from a consortium comprised of Tencent, Baidu and JD.com. A company statement noted that the investment would be made in cash, and go toward Bitauto’s e-commerce-related automotive financing platform Yixin Capital. Yixin Capital says the combination of data, users, […]
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Three Startup Opportunities In China’s Booming Maternity Market
Being a new mom can be incredibly stressful. If you are drowned by daily chores and still can’t conceive of popping out to the shops for groceries, you are not alone, at least not in China. As the world’s largest country in terms of population, China records more than 16 million newborn babies per year. The […]
