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Manbang Invests RMB 300 Mln in Auto Parts and Maintenance Platform

Tencent Tech, 6/26/18

Beijing-based Jiayi Bingding E-commerce, operator of auto parts marketplace and after-sales maintenance services platform, recently announced completion of RMB 300 mln in Series A funding from Chinese truck-hailing company Manbang Group. In the future, the two sides will jointly build an automotive aftermarket service network and a large-scale vehicle parts supply chain matching platform. provides services to four main customer groups, including manufacturers, distributors, automotive stores, and vehicle owners. For manufacturers, it provides platform services to help them reach customers nationwide. For distributors, its online services and platform data help channel operators to grow their customer bases. For automotive retail shops, the platform helps store operators identify auto parts resources and vehicle owners. For vehicle owners, the platform provides vehicle maintenance products and recommendations for auto service providers. The platform also provides supporting services for online transactions, distribution channel expansion, customer management, logistics and delivery, information sharing, and online payments.

Editor's Note: For more information on this topic, please see Auto Parts Marketplace and After-sales Maintenance Platform Lands Pre-A, MD 4/13/18 issue.

Keywords: M&A e-commerce Internet automobile funding Series A Manbang Jiayi Bingding


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