Auto site Chelun wins $15 million US in China

08 Feb 2017

Chinese auto site recently announced the completion of a RMB 100-million ($14.5 million U.S.) Series C+ funding round with investor Hanfor Capital Management. The site is operated by Shanghai-based Yidian Shikong Network, which was launched in September 2012. The site stands out for its many funding rounds.

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Patrick Peterson

Patrick Peterson joined the AIM Group in 2014 as the editor for Asia and Latin America. With 30 years of daily journalism experience as a writer and editor, Patrick Peterson has covered a diverse range of topics, from the invasion of Iraq to the business of the U.S. space industry.He has worked for newspapers in Jackson, MS; Hampton, VA; Biloxi, MS; and Melbourne, FL. He is now a freelance business writer in Orlando, where he lives with his wife, Lisa, who teaches film production management at the University of Central Florida.