China salvage car auction platform Fairlubo raises $45m
Beijing Fairlubo Vehicle Auction, a Chinese online salvage car auction platform, has raised a $45 million round of funding led by PE-backed used car trading platform Uxin.
Legend Capital and Feng Shang Capital also participated in the round, according to a release. Founded in 2011, Fairlubo operates in a niche market by selling vehicles in disrepair online. Following a...
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