Scalper1 News
BitAuto stock rose for a sixth straight session, climbing Friday on news that the Chinese car information website operator will receive $1.3 billion from No. 2 China online retailer JD.com and China Web giant Tencent Holdings. Tencent (TCEHY) — best known for communications app WeChat — and JD.com (JD) also will invest a combined $250 million in BitAuto’s e-commerce auto-financing unit, YiXin Capital. Tencent owns a 15% Scalper1 News
Scalper1 News