China News Digest: April 12, 2016

The following press releases and news reports about China companies were carried on April 12. To view a full article or story, click on the link next to the headline.
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• Car Inc (HKEx: 699) Hired Car Services Unit in Strategic Tie-Up with Alibaba (NYSE: BABA) (Chinese article)
• Alibaba’s (NYSE: BABA) Koubei Soliciting Up to $2 Bln Funding – Report (English article)
• Flight Data Company Feichangzhun Raises 933 Mln Yuan in Third Funding Round (Chinese article)
• China’s HNA to Buy Airline Caterer Gategroup for $1.5 Bln (English article)
• Smartphone Retailer Beijing Digital Telecom (HKEx: 6188) Eyes Kenya, Bangladesh Stores (Chinese article)