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Aftermarket heats up as new car market cools

China’s new vehicle sales have hit a wall but activities in the aftermarket have been growing tremendously, thanks to evolving e-commerce technologies. On September 15, online C2C used car transaction platform www.guazi.com, affiliated with 58ganji, China’s largest online classified ad portal, announced to invest ¥1 billion ($157 million) over the

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Guazi.com to invest £¤1 billion to expand online C2C used car transaction service

BEIJING – Guazi.com, an online C2C used car transaction platform, plans to invest ¥1 billion ($157 million) over the next year to expand its offerings and services, according to Yang Haoyong, founder of Ganji.com and Co-CEO of parent company 58Ganji, China’s leading online classified information portal. Yang made the statement

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