Gongpingjia Secures USD 3.5 Mln Investment
Kuailiyu.com, 10/17/13
Chinese third-party used car price evaluation site Gongpingjia has received USD 3.5 mln in funding from venture capital firm Morningside Ventures.
Gongpingjia aggregates information from its database of used car transactions to provide dealers and buyers with an objective report on the historical price and current conditions of used cars. Currently, the website's used car valuation accuracy has surpassed 93%.
Gongpingjia founder Wan Chun previously founded Shanghai-based third-party payment platform provider 99Bill. In September 2012, Wan established Gongpingjia as a used car price search engine.
Keywords: Wan Chun Gongpingjia Internet funding Morningside automobile vertical search
Sending
