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CITIC Bank buys 18 pct stake in car-hailing firm Yidao
China CITIC Bank on Thursday said its subsidiary has acquired an 18.18-percent stake in Yidao Yongche to get a slice of the booming car-hailing market.
April13,2018
Yidao offers subsidies to mark return
Yidao Yongche, one of China's earliest ride-hailing apps, marked its return to the market by announcing on October 18 that it will offer subsidies to drivers in Shanghai.
October20,2017
Cash-strapped Yidao clinches ride-hailing license
Yidao Yongche, Chinese ride-sharing services provider controlled by internet conglomerate LeEco, has obtained an official operating license from Beijing transport authorities.
May10,2017
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