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Stock Market & Financial Investment News

News Breaks
August 15, 2014
06:04 EDTBITA, LASBitAuto and Lentuo International estabalish joint venture with UXIN
Bitauto (BITA) announced that it has entered into an agreement to establish a joint venture with Lentuo International (LAS) and Youxinpai (Beijing) Information Technology, a professional auto auction service provider in China. The JV will integrate the companies' nationwide resources into an online-to-offline platform focused on high-end used cars in China. The joint venture, which will originally be centered on Beijing and gradually expand to other cities, will integrate the resources of each partner to build the largest Online-to-Offline platform exclusively focused on high-end pre-owned cars in China. Lentuo will own 60% of the joint venture with Bitauto and UXIN each holding 20%.
News For BITA;LAS From The Last 14 Days
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November 17, 2014
14:55 EDTBITABitauto price target raised to $102 from $78 at Oppenheimer
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07:45 EDTBITABitauto price target raised to $102 from $95 at Brean Capital
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November 14, 2014
05:52 EDTBITABitauto sees Q4 revenue $117.3M-$120.6M, consensus $110.05M
05:51 EDTBITABitauto reports Q3 EPS 51c, consensus 49c
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