ByteDance said to be raising US$600 mil for car app Dongchedi

Bloomberg09-06

Dongchedi competes with peers such as Autohome and Bitauto Holdings.ByteDance is raising as much as US$600 million ($778.97 million) for its car information and trading platform Dongchedi, according ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nByteDance said to be raising US$600 mil for car app Dongchedi\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-06 06:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/china-focus/bytedance-said-be-raising-us600-mil-car-app-dongchedi?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dongchedi competes with peers such as Autohome and Bitauto Holdings.ByteDance is raising as much as US$600 million ($778.97 million) for its car information and trading platform Dongchedi, according ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/china-focus/bytedance-said-be-raising-us600-mil-car-app-dongchedi?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.theedgesingapore.com/news/china-focus/bytedance-said-be-raising-us600-mil-car-app-dongchedi?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2465864658","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2465864658","pubTimestamp":1725574621,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Dongchedi competes with peers such as Autohome and Bitauto Holdings.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4077":"互动媒体与服务","BK4576":"AR","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","BK4588":"碎股","BK4526":"热门中概股","BK4563":"昨日强势股","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","BK4531":"中概回港概念","ATHM":"汽车之家"},"translate_title":"据称字节跳动将为汽车应用程序懂车帝向美国筹集6亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATHM":0.9},"content_text":"Dongchedi competes with peers such as Autohome and Bitauto Holdings.ByteDance is raising as much as US$600 million ($778.97 million) for its car information and trading platform Dongchedi, according to people familiar with the situation.\nGeneral Atlantic, HongShan, KKR & Co. and Gaorong Ventures are joint investors in the fundraising round, which values Dongchedi at close to US$3 billion, the people said, asking not to be identified discussing a private matter.\nByteDance, the parent of TikTok, initiated a plan to carve out Dongchedi less than a year ago, the people said. 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It reduced its gaming division to avoid a clash with Tencent Holdings and has considered selling Shanghai Moonton Technology, a studio it acquired for US$4 billion in 2021, Bloomberg News reported.\nDongchedi competes with peers such as Autohome and Bitauto Holdings.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2465864658"}