China-based Guazi and Chezhibao attract funds

15 Jun 2017

Guazi completed $400 million U.S. Series B financing Guazi ershouche, among the leading c-to-c used auto platforms in China, has secured $400 million U.S. in an eagerly anticipated Series B financing round. The round was led by a $100 million U.S. investment from former Series A backer, Sequoia Capital China. New participating investors in the round were H Capital, CMB International, Jingxin Venture Capital, Dragoneer Investment…

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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.