Beijing-based Renrenche Network Technology, operator of online and mobile used car trading platform Renrenche.com, recently announced a partnership with Chinese taxi booking and car hire service app Didi Chuxing, to offer cost-effective used and new vehicle resources and solutions to vehicle operators on the Didi Chuxing platform.
Renrenche also said that it will partner with Didi Chuxing in the new vehicle transactions domain. Didi Chuxing has more than 400 mln transportation users and over 21 mln registered vehicle owners, offering a large and highly-focused pool of potential new vehicle transaction customers.
In addition, the parties will also cooperate in the vehicle after-market services domain. Didi Chuxing plans to set up auto repair shops throughout China this year under its "Xiaoju Chefu" (Orange Car Service) program, which will partner with Renrenche on vehicle maintenance services.
Renrenche previously completed strategic investment from Didi Chuxing in September 2017, and a link to its used vehicle platform has been added within the Didi Chuxing app.
Editor's Note: For more information on this topic, please see Didi Chuxing App Integrates Renrenche Used Car Trading Service , MD 10/09/17 issue, and Didi Chuxing Invests USD 200 Mln in Online Used Car Trading Platform Renrenche, MD 9/25/17 issue.