China’s Bitauto raises $300M, with Baidu, JD.com and Tencent each chipping in $50M

traffic in china 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

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