Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

O2O Auto Service Booking Platform 'Jekun Auto' Lands RMB 100 Mln Series A

36Kr.com, 6/06/16

Guangzhou-based Jekun Auto Service Chain, operator of online and mobile vehicle maintenance booking platform Jekun Auto, has announced it completed RMB 100 mln Series A funding led by Shangxin Investment Management Consulting, with participation from Bain Capital Private Equity's managing director Jonathan Zhu (Zhu Jia). Jekun Auto founder Gao Jiqun said that the capital raised will be used to develop the platform's database, expand the company's offline chain stores, and support team management.

Jekun Auto allows users to book cleaning or maintenance services for their vehicles, as well as to purchase tires, accessories and other car-related products via the platform. The company currently has about 40 offline chain stores exclusively in Guangzhou, and plans to add another 100 in the province by the end of this year, before expanding to other cities towards the end of 2017.

Jekun Auto, established in November 2013, received RMB 10 mln in angel funding in March 2015.

Keywords: Shangxin funding VC Gao Jiqun Internet Series A Jonathan Zhu O2O automobile

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports