BitAuto

  • China’s Bitauto raises $300M, with Baidu, JD.com and Tencent each chipping in $50M

    China’s Bitauto raises $300M, with Baidu, JD.com and Tencent each chipping in $50M

    As the on-demand transportation industry continues to heat up in China, one of the bigger online marketplaces for cars is also capitalizing on the growth. Bitauto Holdings — which both operates a giant car marketplace that we’ve in the past described as Cars.com, Consumer Reports and Auto Trader rolled into one; and also invests in transportation startups — has announced… Read More

  • Will China's 1999 Moment Bail-Out Some Valley VCs?

    Will China's 1999 Moment Bail-Out Some Valley VCs?

    Yes, China is taking over the world. Or at least the Internet. No, this is not like the WE’LL-ALL-BE-WORKING-FOR-JAPAN-oh-nevermind scare of the 1980s. Why? Because China has more than 1 billion people. It already represents the largest online audience in the world and is less than 30% penetrated and has Internet spending per capita that’s less than one-third of the United… Read More

  • BitAuto: A Chinese Canary in an Online Ad Coal Mine

    The hardest thing about being an American journalist in China is discovering local entrepreneurs. Part of the reason is that there is just so much going on. There are so many intriguing expats and returning Chinese nationals in Beijing’s start-up scene, you could spend months just meeting with them. But the bigger challenges are the language and cultural barriers. China has no shortage… Read More