Four Firms Invest in Online Bidding Platform for Second-hand Cars (Asia)

Source: Greater China Private Equity Review  |  Author: Maggie Lee

Investment firms Legend Capital, Doll Capital Management, Bertelsmann Asia Investments and Tencent Collaboration Fund have jointly invested US$30 million in, a Chinese online platform for secondhand car sales. allows users to bid on secondhand cars and provides car testing, payment, transportation logistics and after-sales services.