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Aggregated China Business Blogs
Ucar Buys $220M Shares Of CAR From Legend Holdings
Aggregated Source: China Money Network
A unit of Legend Holdings has executed an agreement to sell around 5.3% of its shareholding in Hong Kong-listed car rental firm CAR Inc. to mobile app-based chauffeured car service start-up Ucar Technology Inc. In a securities filing, Ucar, which counts both CAR and Legend Holdings as significant shareholders, will purchase 125.4 million shares of […]


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