日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Auto China

Online traders tap into used car market and improve transparency

By Hao Yan (China Daily) Updated: 2015-08-17 11:24

Online traders tap into used car market and improve transparency

A customer browses on renrenche.com, the emerging used car trading website in China. [Kuang Linhua / China Daily]

Used car trading website renrenche.com announced this month that it raised C round funds in April, a year after it was established, to became the fastest fundraiser while its peers spent years gaining A round funding.

The $85 million investment was led by Internet giant Tencent Holdings and the company now has an estimated value of $500 million.

The investment was made in April, but announced after renrenche.com expanded to 20 cities at the end of July.

Li Jian, founder and CEO of renrenche.com, said, "The company is forging an online 4S showroom for second-hand cars, and making the deals more transparent and effective. The company will expand to more cities and provide higher standard services."

Renrenche, founded in 2014, aims to help car owners and buyers meet. It is not the first or the largest player in the field, but claims to be the fastest in receiving funds. Renrenche said it only lists cars that are less than six years old and with less than 100,000 kilometers on the clock and only accepts cars from individual owners.

The website makes money from the 3 percent commission it charges on every deal. Its monthly trading volume grew to more than 3,000 vehicles in July from about 1,000 in April, and the company expects to hit more than 10,000 monthly auto trades by the end of this year.

Another used car trading website Cheyipai.com lists a larger amount of cars from car owners and independent used car dealers and sells mainly to used car dealers. Cheyipai, founded in 2004, raised its A round funding in 2011 and its $110 million D round funds in February this year.

Market potential

Ministry of Commerce data showed that about 7 million pre-owned cars were traded last year and the volume this year is estimated to reach 10 million.

The Chinese market saw 23 million vehicles sold last year, among which 19.7 million were passenger cars, according to industrial data.

Marco Hecker, Deloitte China automotive consulting practice managing partner, said, "By the year 2020, the used car market will have the same sales volume as the new cars."

"The next level of the used car market will be that a customer may order a used car on his or her specific demands, and the platform will use customer data to find a suitable used car to match the demands," Hecker said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: a级在线播放 | 免费又黄又爽又色的视频 | 综合天堂 | 最新黄色av网站 | 91精选国产 | 黄色片网站在线免费观看 | 激情亚洲视频 | 亚洲激情自拍 | 秋霞成人午夜伦在线观看 | 极品久久久久久久 | 九九在线视频 | 国产一级片视频 | 国产激情免费视频 | 91免费视频黄| 日韩国产区 | 福利视频三区 | 成人性生交大片免费看 | 精品久久久网站 | 国产精品v亚洲精品v日韩精品 | 亚洲成人a√ | 欧美日韩精品在线 | 在线看一级片 | 黄色片在线免费看 | 手机在线亚洲 | 亚洲一区a | 无套暴操| av在线激情 | 久久久综合久久 | 免费的黄色网 | 久操视频免费在线观看 | 一区二区播放 | 91免费| 国产怡春院 | 欧美日韩不卡在线 | 久久精品国产成人av | 欧美一级大片免费看 | 国产精品情侣自拍 | 成年人免费网站在线观看 | 中文字幕三区 | 日韩在线视频中文字幕 | 欧美日韩一级在线 |