Stock News Buzz: Bitauto Holdings Limited (NYSE:BITA)

On Wednesday Bitauto Holdings Limited (NYSE:BITA) stock traded volume of 329028 shares during its last trading session as compared to its average volume of 408653 shares over the recent month. BITA ended its day with the down stream along the move of -0.93% and closed at the price of $14.86 before opening at $15. It has total market capitalization is $1042681595. 52week range of the stock remained $ 9.46 – 25.34 while its day lowest price was $14.78 and its hit its day highest price at $15.1.

On Nov. 27, 2019, Bitauto Holdings Limited (NYSE:BITA) a leading provider of internet content & marketing services, and transaction services for China’s fast-growing automotive industry, disclosed a change of venue for its 2019 annual general meeting of shareholders to be held at 10:00 a.m. (Beijing Time) on December 19, 2019. Due to the current events in Hong Kong, the venue of the meeting has been changed to JingAn Kerry Centre, Tower II, 46th Floor, 1539 Nanjing West Road, Shanghai 200040, China.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s fast-growing automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

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