What is Autohome China?
Autohome Inc. ( NYSE: ATHM; HKEX: 2518) is the leading online destination for automobile consumers in China. Its mission is to enhance the car-buying and ownership experience for auto consumers in China.
Who owns Autohome China?
Autohome was acquired by Ping An for $1.6B on Apr 15, 2016 .
What does Autohome do?
Autohome provides professionally produced and user-generated content, a comprehensive automobile library, and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle.
Is Athm a buy?
Out of 4 analysts, 1 (25%) are recommending ATHM as a Strong Buy, 0 (0%) are recommending ATHM as a Buy, 2 (50%) are recommending ATHM as a Hold, 1 (25%) are recommending ATHM as a Sell, and 0 (0%) are recommending ATHM as a Strong Sell.
How does Autohome make money?
The company operates two websites: Autohome.com.cn (new cars) and Che168.com (used cars). The business model is similar to Autotrader or Cars.com, where dealers pay monthly fees to advertise, get their listings on the site, or to get shown higher in search results.
Is Autohome a VIE?
As a result of these contractual arrangements, we, through Autohome WFOE, are the primary beneficiary of these three groups of entities and treat them as our “variable interest entities”, or VIEs, under the generally accepted accounting principles in the United States, or U.S. GAAP.
What happened Autohome stock?
Summary. Leading Chinese online auto company Autohome says its revenue fell 24% in the third quarter, dragged down by a 50% decline in spending by car manufacturers. Company sees global auto sector returning to more normal conditions in second half of next year as chip shortages ease.
Why is Autohome stock down?
The culprit behind the decline is hardly unique to China, and is mostly related to a global chip shortage that has put a huge damper on new car production worldwide. At the same time, Autohome announced a $200 million share buyback to support its battered stock that has lost about two-thirds of its value this year.
Why are Autohome stocks down?
What is Autohome?
Autohome provides professionally produced and user-generated content, a comprehensive automobile library, and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle. The ability to reach a large and engaged user base of automobile consumers has
Why advertise on Autohome?
The ability to reach a large and engaged user base of automobile consumers has made Autohome a preferred platform for automakers and dealers to conduct their advertising campaigns.
What is the Autohome mall?
As a transaction-centric company, Autohome operates its “Autohome Mall,” a full-service online transaction platform, to facilitate transactions for automakers and dealers.
Why Autohome tents?
In 1958, Autohome built the worlds first rooftop tent. Ever since then our hard shell roof top tents have been the choice of expeditions on all seven continents. Now with more than 60 years engineering and constructing premium tents, we know what works. Our products are engineered to last, and we stand behind them.