Chelai Chewang is headed for liquidation

03 Oct 2017

C-to-b used auto auction platform Chelai Chewang (车来车往) is declaring bankruptcy. The Beijing-based company is one of the first companies to officially drop out of the tooth-and-nail fight for market share in the burgeoning used auto sector in China. The platform had amassed around 400 thousand users in just over two years of operation. 

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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.