BYD Acquires an Internet Insurance Company for $530M

Ethel Walsh

In accordance to Chinese business information query platform Tianyancha, BYD’s proposed acquisition value 3.6 billion yuan ($530 million) for Yi’an Assets Insurance Co., Ltd. was put in put on January 31. BYD will purchase 100{e410be007f3fd0fc7192ddce64f064014ac3d4d0ef675ed9817a95680a41cfee} fairness of the Online insurance policy company. Yi’an Residence Coverage, set up in February 2016, […]