Bitauto Burns Through Cash as Bears Bet Big Against TurnaroundBy
Short interest in ‘Craiglist of China’ touches all-time high
Backers include Chinese tech companies Baidu, Tencent, JD.com
Bitauto Holdings Ltd., the Chinese car-listing website whose rally two years ago lured hedge funds including Tiger Management LLC, is attracting a different kind of investor these days: bears.
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