The Beijing-based company, which operates an online platform for car buyers in China, said its revenue in the three months through December reached $318.2 million, 36 percent higher than in the same period of the prior year, surpassing expectations.
Chinese car-sharing start-up Like Chuxing reportedly has secured “tens of millions” of dollars for its series B+ round of financing from a group of investors including Ant Financial, the fintech unit of Chinese e-commerce giant Alibaba.
Rashid Al Ghurair, CEO at Mena Energy Ventures, said: "I am very proud to say that I belong to a country where our leaders believe in innovation as a way of life and in the capability of ambitious young talent who aspire to be leaders in their field..."
The agency has also unveiled its new campaign titled “Chalao Apni”, with a renewed positioning that focuses on the car buying experience of the customer. Created by Leo Burnett, the campaign goes live soon.