China auto retail player Huasheng Haoche raises $210m
Chinese auto retailer Huasheng Haoche has raised $210 million in a Series B round of funding led by Crescent Point Group, with participation from Goldman Sachs. JD Finance and Frees Fund, which backed the company’s seed and Series A rounds, also re-upped.
The fresh capital will be used to expand the company’s network of offline stores, improve operational efficiency, and develop new business opportunities, according to a statement. “The company has...
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