reports
- Clarence Chu
Tuhu Car Pre-IPO
Tuhu Car is looking to raise up to US$400m in its upcoming Hong Kong IPO. Tuhu is an integrated online and offline platform for automotive services in China. Initially starting as a pure online retail platform, the firm has over time been building its offline network with well-managed stores and technicians to deliver standardized services in-store. Tuhu’s business model aims to address the key pain points of the fragmented authorised dealership/IAM industry. Running on a franchisee-led mode...
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