Chinese VC-backed car valuation platform raises $29m
Che300.com, a Chinese VC-backed platform that values used cars, has raised RMB200 million ($29 million) in a Series C round of funding led by state-owned automotive company SAIC Motor.
Several auto industry-focused funds also participated in the round, according to local media. Founded in February 2014, Che300 offers online independent used-vehicle valuation and price analysis services...
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