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AutoHome, a site well-known to us for its news articles and pics, has been acquired by insurance giant Ping An from Australia's telecom major, Telstra, defeating a counter-offer from management -- subsequently resulting in some changes at the top.

http://www.bloomberg.com/gadfly/articles/2016-06-29/autohome-changes-drivers-with-ping-an-takeover
http://www.bloomberg.com/news/articles/2016-06-22/telstra-completes-1-6-billion-sale-of-autohome-stake-to-ping-an
http://autonews.gasgoo.com/china-news/pingan-becomes-autohome-s-biggest-shareholder-the-160627.shtml
 
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