BEIJING – Renrenche.com, a leading e-commerce platform for C2C used vehicle transaction, announced on September 25 that it has received a fresh $200 million financing round from DiDi Chuxing to support the rapid development of its scale-up strategy. The two sides will have all-around and in-depth cooperation to jointly build
Read MoreBEIJING – 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,
Read MoreBEIJING – Renrenche.com, an online C2C used car market place and transaction platform backed by a venture capital firm led by Xiaomi CEO Lei Jun, expects transaction volume of used cars on the platform to hit 10,000 units a month in 2016, according to Li Jian, founder and CEO of
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