Auto's advertisers include auto makers and car dealers.

Source: Internet
Author: User
Keywords Auto year ago 500 000
Tags .net advertisers advertising application code company exchange information

China Auto Information website Auto today submitted a listing application to the US Securities and Exchange Commission (SEC), which plans to go to the U.S. IPO for a maximum of $120 million. The company plans to log in to the NYSE, with the stock trading code "Athm". Deutsche Bank and Goldman Sachs will act as underwriters for the IPO.

The prospectus shows that auto net revenue of about 135 million U.S. dollars in the first 9 months of this year (as of September 30), an increase of 62.6%, a net profit of 54.5 million dollars, and a year-on-year increase of 96.7%.

Auto's revenue comes mainly from online advertising and car ordering services. 2013 years ago 9 months, auto net revenue has 100 million dollars from advertising, and 34.74 million dollars from car ordering services.

The prospectus also shows that 2009, 2010, 2011 and 2012, the net revenue of the auto is RMB 150 million yuan, 250 million yuan, 430 million yuan and 730 million yuan (120 million USD), the net profit is RMB 33.23 million yuan, 88.04 million yuan, 130 million yuan and 210 million yuan respectively ( $34.79 million).

Auto's advertisers include carmakers and car dealerships, most of which come from car manufacturers. Since 2010, Auto's advertising business covers more than 80 auto manufacturers, accounting for about 80% of the total number of manufacturers.

2010, 2011, 2012 and 2013 years ago 9 months, Auto's car ordering service has 743, 2160, 5052 and 9,320 customers respectively.

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