China second-hand car platform raises $50m
Haoche51, a Chinese C2C second-hand car trading platform, has raised $50 million in a Series B round of funding led by Source Code Capital and domestic investor Fenghuang Xiangrui Fund.
Chinese online finance site 9fbank and existing backers Matrix Partners China, Chengwei Capital and FutureCap also participated. The platform, which was launched in July last year, connects second-hand...
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