BitAuto Q2 revenue up, profit down

22 Aug 2015
BitAuto Holdings Ltd., operator of one of China’s two leading automotive websites, almost doubled during Q2 of 2015 year-over-year, but its profit fell.Revenue was RMB 1.01 billion ($162.2 million U.S.), a 92.5 percent increase from the corresponding period in 2014, according to unaudited results announced earlier this month. Non-GAAP profit in the same quarter was RMB 122.6 million ($19.8 milli

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Don Gasper