China online used car marketplace Renrenche raises $150m
Renrenche, a Chinese peer-to-peer second-hand car trading platform, has raised $150 million in the initial tranche of its ongoing Series D round of funding.
The tranche is led by Prometheus Capital, China Minsheng Investment, Han Fu Capital and Xin Jun Capital. Existing investors Tencent Holdings, Shunwei Capital Partners, Ceyuan Ventures and Redpoint Ventures...
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