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Used car trading platform Cheyipai receives $110 million investment

China's largest used car e-business trading platform Cheyipai announced on March 2 that it has completed a new round of financing valued at $110 million. Renren Inc. was the lead investor of this D-round financing with secondary investors Sequoia Capital, Matrix China, Morningside Ventures and CITIC Capital. Founded in 2006, Cheyipai has

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