Auto portal Bitauto Holdings Ltd has recently raised $1 billion from Tencent Holdings Ltd, Baidu Inc and JD.com Inc as it seeks to be China’s largest online car financing platform, its chief told Reuters on Thursday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
