TikTok parent ByteDance to raise $600m for automobile app [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
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US:NYSE Investor Relations:
ir.autohome.com.cn
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Source: Yahoo! Finance
ByteDance is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. Founded in 2012, ByteDance developed TikTok and Douyin. Key investors in the funding round include General Atlantic, HongShan, KKR & Co. and Gaorong Ventures. The business has been valued at close to $3bn ahead of the fundraising, according to sources, who have chosen to remain anonymous. ByteDance is the parent of social media colossus TikTok, and initiated a plan to separate Dongchedi from the business less than a year ago. Dongchedi, formerly known as the automobile channel of TouTiao, was incubated by ByteDance's commercialisation department, with its independent app lauching in 2017. It offers an automotive media and community application “dedicated to providing users with professional automotive information, reviews, quotes, and other services”, according to its website. Dongchedi competes with peers such as Autohome and Bitauto Holdings.
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News
- Autohome Inc.'s (NYSE:ATHM) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue? [Yahoo! Finance]Yahoo! Finance
- ByteDance Said to Be Raising $600 Million for Car App Dongchedi [Yahoo! Finance]Yahoo! Finance
- Autohome: Staying Bullish On Enticing Shareholder Yield And Regulatory Tailwinds [Seeking Alpha]Seeking Alpha
- Autohome Inc. Announces US$200 Million New Share Repurchase ProgramPR Newswire
- Is the Options Market Predicting a Spike in Autohome (ATHM) Stock? [Yahoo! Finance]Yahoo! Finance
ATHM
Earnings
- 7/31/24 - Beat
ATHM
Sec Filings
- 9/23/24 - Form 144
- 9/19/24 - Form 144
- 9/9/24 - Form 144
- ATHM's page on the SEC website