Tencent leads $818m round for China’s Chehaoduo
Chehaoduo, a Chinese online auto services provider that runs consumer-to-consumer (C2C) used car trading platform Guazi, has raised $818 million in a Series C round of funding led by Tencent Holdings.
New investors include ICBC International, Yunfeng Capital, FountainVest Partners, GIC Private, IDG Capital and Taihe Capital. Existing investors Sequoia Capital China, H Capital, DST Global, Capital Today,...
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