Asia

Huasheng Haoche selling cars in smaller Chinese cities

22 November 2018

Established in June 2015, auto trading platform Huasheng Haoche has entered the market with a new business model: Leaseback of new cars.

Go-Jek ready to launch beta app in Singapore this year

21 November 2018

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Speaking to reporters after a casual discussion at the Singapore Fintech Festival Nov. 14th, Go-Jek president Andre Soelistyo revealed that the beta app will be launched in Singapore before 25 Dec.

SAIC starts their own car-sharing company, Xiangdao Chuxing

21 November 2018

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Xiangdao Chuxing will provide a total solution for the online car-hailing business replete with technology platform, vehicle fleet, maintenance and repair facilities, financing and professional insurance.

TuanChe readies their IPO and could raise $38 Million

20 November 2018

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Under its current estimate, disclosed today in a filing with the U.S. Securities and Exchange Commission, the Beijing-based company could raise up to $38 million.

Hyundai sets up quick online car purchasing in Singapore

19 November 2018

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Hyundai Motor Company and its sole distributor in Singapore, Komoco Motors, is introducing a new online platform that allows customers to buy a car with a click of a button.

Zoomcar appoints new creative agency and media agency

15 November 2018

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The agency appointments came after a two month long multi agency creative and media pitch that happened at Zoomcar's Bangalore office.

Alibaba's and Ford are developing a car vending machine

15 November 2018

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The Super Test-Drive Center in Guangzhou was launched earlier this year by Alibaba's Tmall and the Ford Motor Group with the goal to "dramatically" improve the car shopping experience for Chinese consumers.

Go-Jek teams with DBS Bank for payment services

14 November 2018

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Under this partnership, DBS said that its customers in Singapore will get to “enjoy a slew of exciting privileges”, though exact perks were not specifically mentioned.

E-Trio is India’s 1st approved company to convert cars to electric

14 November 2018

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E-Trio has received ARAI approval for retrofitted car kits in Alto and Wagon R, which will allow the startup to convert these models of car into all-electric ones.

TuanChe, a Chinese car marketplace, prepares for $34M IPO

13 November 2018

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The Beijing, China-based company plans to raise $34 million by offering 4 million ADSs at a price range of $7.50 to $9.50. Insiders intend to purchase up to $15 million of the IPO (44% of the deal).