Bitauto halves loss thanks to 41% revenue growth

12 May 2017

Bitauto Holdings Ltd., one of China’s two auto sites listed on foreign stock exchanges, saw its revenue jump 41 percent in Q1 of FY2017 to RMB 1.6 billion ($225 million U.S.) from Q1 of FY2016, according to the Q1 report released on May 11.

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Don Gasper