• 09/20/2024

IDG weighs US$976 million deal for stake in Chery Auto’s parent: sources

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Beijing-based IDG is raising funds from investors for the potential transaction, according to sources. A deal would give IDG a stake in one of China’s last few carmakers that is not publicly listed.

https://www.scmp.com/business/china-business/article/3244760/idg-weighs-us976-million-deal-stake-chery-autos-parent-sources?utm_source=rss_feed