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Baking the used car market cake with the right ove

China’s used car market is like a cake that is half-baked but one that also requires the right oven, described Jayden Zhao, CMO of online C2C+C2B2C used car transaction platform haoche51.com at CBU/CAR’s Monthly Automotive Salon (MAS) held on June 22. The analogy is interesting but it in fact perfectly

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Haoche51.com’s Jayden Zhao: China’s used car market like a half-baked cake

BEIJING – China’s used car market is like a half-baked cake that requires the right oven, and its future business model will be heavy-asset based rather than light-asset based, according to Jayden Zhao, CMO of haoche51.com, an online C2C+C2B2C used car transaction platform. Zhao made the comments at CBU/CAR’s Monthly

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Report: China’s used car e-commerce has entered into a “2.0” era

BEIJING – China’s used car e-commerce has entered into a so-called “2.0” era, according to a report released by market research firm TNS Sinotrust on November 27. The report, titled Research on China’s Used-Car E-Commerce Development, concludes that thanks to the influence of “Internet+” over the last couple of years,

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Cai Xu: Used vehicle e-commerce must focus on information transparency and service

Vehicle information transparency must be taken care of if “Internet+” were to change how used vehicles are traded, according to Cai Xu, co-founder of cheyipai.com, a leading online used vehicle trade portal. “Both the seller and the buyer in a used vehicle transaction lack full knowledge of the condition and

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