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58.com's Zhuan Zhuan to Acquire Used Handset Trading App Zhaoliangji
58.com, 4/07/20
Chinese online classifieds site 58.com (NYSE: WUBA) today announced that Zhuan Zhuan, an online used goods trading platform and a consolidated subsidiary of 58.com, has entered into definitive agreements to acquire a 100% equity interest in the operator of second-hand mobile phone trading app Zhaoliangji. Read More
58.com Purchases Uxin's B2B Used Car Auction Platform
58.com, 3/24/20
Chinese online classifieds site 58.com (NYSE: WUBA) today announced that it has entered into definitive agreements with Uxin Limited (Nasdaq: UXIN), a leading national online used car dealer in China, to purchase certain assets and liabilities related to Uxin's B2B online used car auction business for a total cash consideration of USD 105 mln. Read More
B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D
36Kr.com, 9/20/18
Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. Read More
B2B Textiles M-commerce App '100 Fabrics' Raises USD 30 Mln Series C1
iHeima, 8/29/18
Guangzhou-based Zhijing Information Technology, operator of fabric B2B m-commerce app Baibu, recently announced completion of USD 30 mln in Series C1 funding led by Bull Capital Partners with participation by Yunqi Partners, Chengwei Capital, and Source Code Capital. Read More
Auto Parts E-commerce Platform Casstime Wins RMB 250 Mln Series B3
36Kr.com, 8/23/18
Shenzhen-based auto parts e-commerce platform and auto industry-focused SaaS provider Kaisi Times Technology (Casstime) announced today the completion of over RMB 250 mln in Series B3 funding, bringing the total raised in Series B to over RMB 600 mln. Read More
Tmall, Jingu and Kangzhong Jointly Form Auto Aftermarket Service Firm
Sina Tech, 8/23/18
Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall recently announced that its automotive division will form an aftermarket joint venture with Zhejiang-based wheel and tire manufacturer Jingu's (002488.SZ) subsidiary car care platform Qiche Chaoren ("Car Superman") and Jiangsu-based Kangzhong Industry Investment's auto parts B2B e-commerce platform Carzone. Read More
Update: Petroleum B2B E-commerce Site 51zhaoyou Wins USD 150 Mln Series C
36Kr.com, 8/01/18
Shanghai-based Zhaoyou Information Technology, operator of petroleum B2B e-commerce site 51zhaoyou.com, has completed USD 150 mln in Series C1 and Series C2 funding. Read More
Apparel Inventory Distribution App Akuncun Completes RMB 580 Mln Series B
36Kr.com, 7/02/18
Shanghai-based Chedong Information Technology, operator of apparel inventory distribution app Akuncun, recently announced completion of RMB 580 mln in Series B funding led by Legend Capital with participation by Eastern Bell Venture Capital and Xiamen-based C&D Corporation. Read More
B2B Pharmaceutical Trading App Yaoshibang Raises RMB 420 Mln Series C
36Kr.com, 6/14/18
Guangzhou-based Sudao Information Technology, operator of mobile B2B pharmaceutical trading app Yaoshibang, has completed RMB 420 mln in Series C funding across two rounds. Read More
Rumor: Used Car Trading Site Souche Raising USD 800 Mln Series F
Tencent Finance, 5/10/18
Beijing-based Souche Holdings, operator of online C2C used car sales platform Souche.com, is reportedly in the process of raising a USD 800 mln Series F round of funding, according to a source who spoke with online media outlet Tencent Finance. Read More
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