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Renrenche gets fresh $200 million financing round from DiDi Chuxing

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

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Guazi.com completes $204.5-million Series A financing

BEIJING – Guazi.com, an online C2C used car trading platform, has completed its initial round of financing worth $204.5 million, the most any online used car trading platform has ever received, the company announced on March 30. The lead investors of this round include Sequoia Capital China and Guangxin Capital. The company

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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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