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Used Car Trading Site Souche Secures USD 578 Mln Series F

36Kr.com, 9/03/18

The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Read More

Rural Vehicle Financing Platform Shenma Wins RMB 300 Mln Series C

The Beijing News, 5/07/18

Shanghai-based vehicle financing solutions provider Shenma Internet Financial Information Service announced today the completion of RMB 300 mln in Series C funding jointly led by Tongbanjie Fintech Group, China Growth Capital, and Hina Group. Read More

C2C Used Car Sales Platform Souche Raises USD 180 Mln Series D

Lieyunwang, 4/06/17

Beijing-based Souche Holdings, operator of online C2C second-hand car sales platform Souche, recently announced the completion of USD 180 mln in Series D funding led by American private equity firm Warburg Pincus with participation from VMS Investment Group, ClearVue Partners, Shanghai Zuoyu Asset Management, Haitong International Securities Group (0665.HK), CreditEase New Finance Industry Investment Fund, and Morningside Ventures. Read More

O2O Used-car Loan Platform Chedai Completes RMB 360 Mln Series B

36Kr.com, 1/05/17

Shanghai-based Fengzhixing Automobile Financial Information Service, operator of second-hand automobile credit platform Chedai.com, has announced completion of RMB 360 mln in Series B funding at a press conference in Beijing. Read More