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Stock impact report

ByteDance Said to Be Raising $600 Million for Car App Dongchedi [Yahoo! Finance]

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares. (ATHM) 
Last autohome inc. american depositary shares, each representing four class a ordinary shares. earnings: 2/19 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.autohome.com.cn
Company Research Source: Yahoo! Finance
Most Read from Bloomberg World's Second-Tallest Tower Tests Malaysia's Appetite for More Skyscrapers The Outsized Cost of Expanding US Roads Madrid to Ban E-Scooter Rentals, Following Lead Set in Paris How Air Conditioning Took Over the American Office Hong Kong's Arts Hub Turns to Selling Land to Stay Afloat General Atlantic, HongShan, KKR & Co. and Gaorong Ventures are joint investors in the fundraising round, which values Dongchedi at close to $3 billion, the people said, asking not to be identified discussing a private matter. ByteDance, the parent of TikTok, initiated a plan to carve out Dongchedi less than a year ago, the people said. They added that Dongchedi shares the same user traffic pool as Douyin, the version of TikTok used in China. ByteDance and Gaorong didn't respond to requests for comment. Representatives for General Atlantic, KKR and HongShan, which was formerly Sequoia Capital China, declined to comment. Launched as a standalone in 2017, Dongched Show less Read more
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