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Stock Market & Financial Investment News

News Breaks
August 18, 2014
06:12 EDTBITABitAuto announces JV with Yong Da Group, UXIN
Bitauto Holdings announced that it has entered into an agreement to establish a joint venture, or JV, company, with China Yong Da Automobiles Services Holdings, one of China's leading automotive dealership groups, and Youxinpai Information Technology, or UXIN, a professional electronic auction service provider for used cars in China. By partnering with Yong Da Group and UXIN, Bitauto's proprietary used car website, taoche.com, will benefit from an expanded inventory of available-for-sale used cars. China's used car market has huge, long-term growth potential yet remains under-served. The joint venture will ultimately help better serve the market by ensuring greater numbers of car buyers across China, have easy access to authentic, transparent and comprehensive used cars information.
News For BITA 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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