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India

DongFeng Automobile Co Ltd (600006.SS)

600006.SS on Shanghai Stock Exchange

5.13CNY
24 May 2019
Change (% chg)

¥0.28 (+5.77%)
Prev Close
¥4.85
Open
¥4.82
Day's High
¥5.34
Day's Low
¥4.81
Volume
44,882,080
Avg. Vol
37,756,796
52-wk High
¥7.93
52-wk Low
¥3.05

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Alibaba, Tencent, car makers set up $1.5 billion China ride-hailing venture

BEIJING Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move that could test the dominance of ride-sharing giant Didi Chuxing.

UPDATE 1-Alibaba, Tencent, car makers set up $1.5 bln China ride-hailing venture

* Suning.Com's investment firm is the JV's largest shareholder

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