A+ round for Onmmc.com

14 Jun 2018
The company operates on what it calls a "source-to-business-to-consumer" (s-to-b-to-c) model. In 2017, Onmmc.com CEO Jiang Jitao 江奇涛 explained the concept in an interview with 36kr.com: "In the process of buying and selling used autos, our primary profit point is service fees. For dealers we provide a source of stock, and we offer services that help them to identify and receive the stock that they need... [for consumers] the other aspect of our business is financing services... distribution and financing [are our two major services]."
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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.