23
Jan
Meanwhile, the Shanghai-based car rental company eHi Auto Services Co Ltd also received a $70-million investment from a consortium in which Goldman Sachs was the lead investor in 2010. It used the money to further expand its fleet and its presence throughout the country.
Car-rental firm wants to use IPO to expand | chinadaily.com.cn
Read more about the car rental business and the genesis of eHi in Megan Shank’s chapter in Chinese Characters.
