Yusheng IPO tests bumpy road for China’s used car market
The company’s Taocheche platform is riding China’s late-blooming used-car boom, but its inventory-heavy model shows the high cost of building trust in the sector Key Takeaways Taocheche has become China’s…
Transitioning Auto Specialist Cango Can’t Outrace Macro Challenges
Company blames regulation, auto chip shortage for its stalling revenues, as it continues to ramp up car-trading services Key Points: Cango has improved its overall performance with a timely…
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