by Jonah Kay | Feb 4, 2021 | Automotive, Financials / Deals
Compared to its peers, Autohome, the China-based automotive data and listings giant, wasn't hit nearly as hard by the economic fallout from the Covid-19 pandemic. Revenues in 2020 rose 2.8% year-on-year to RMB 8.6 billion ($1.33 billion U.S.). This content is part of...
by Jonah Kay | Jan 22, 2021 | Automotive, People on the Move
Uxin (NASDAQ: UXIN), the China-based used car dealer, has appointed Feng Lin as its chief financial officer. Lin replaces Zhen Zeng, who left the company for personal reasons, according to a news release. Lin has been at Uxin for almost two years. He most recently...
by Jonah Kay | Jan 19, 2021 | Real Estate, People on the Move
Fang, the beleaguered China-based real estate portal, has reshuffled its board and appointed a new CFO. The company announced the changes Tuesday, several weeks after Fang was sued by one of its investors over claims that its chairman had misled investors and...
by Jonah Kay | Dec 18, 2020 | Real Estate, Financials / Deals
The CoStar Group announced today that it had acquired the URL Houses.com for an undisclosed sum. It’s the latest sign the company is gearing up to enter the residential real estate market. CoStar said Houses.com would be a national marketplace for real estate...
by Jonah Kay | Dec 17, 2020 | Automotive, Financials / Deals
Uxin (NASDAQ: UXIN)'s decision to pivot to 2C sales may not be working out quite as well as the company expected. While sales were up slightly quarter-on-quarter, 2C transaction volume came in at a fraction of last year's levels. This content is part of our business...