Ping An buys 48% of major Chinese online car retailer
Ping An has bought 47.7% of the shares of Beijing-based retail car website Autohome from Australia-based Telstra for $1.6bn (£1.1bn).
The platform, which allows car dealers to advertise their inventory and services, has seen strong growth over the last 24 months with almost 3.5bn yuan (£378m) of sales last year alone. Autohome has
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