Big news in the world of business! Ping An Insurance, a huge company, just sold a big part of Autohome, a website for buying and selling cars in China. This sale is for a whopping $1.8 billion! It's like selling a giant LEGO castle!
- Ping An sold almost half its ownership in Autohome.
- Autohome's new CEO is Song Yang.
- Autohome's stock price has gone down a lot recently.
| Fact | Number |
|---|---|
| Sale Price | $1.8 billion |
| Percentage of Autohome sold | 41.91% |
| Autohome's Market Cap | $3.93 billion |
| Autohome Stock Drop since 2021 | over 66% |
