爱游戏

On June 10, Tiantu has invested in the company Cheduoduo Group announced that it has completed a new round of financing of 300 million USD, led by H Capital, followed by Sequoia Capital China Fund, IDG Capital and Yang Haoyong’s personal fund, with a post-investment valuation of over 10 billion USD.

Policy and regulation support, payment, guarantee, logistics, after-sales protection of the improvement, promote the rapid development of consumer e-commerce. In recent years, government departments have pushed for the cancellation of used car relocations restrictions, and the implementation of electronic online transfer of file information for the registration of second-hand car transfers from one place to another has accelerated the development of auto e-commerce. The company’s newest product is a new product, a new product that has been developed to meet the needs of the market. The construction of these industry infrastructures has driven the penetration of used car e-commerce.

At the same time, Guazi used cars will infrastructure capabilities through the Guazi open platform open to the car dealer groups, accelerate the car dealer's e-commerce process, to assist the car dealer to improve operational efficiency. The company is also working with its car dealer partners to promote the e-commerce process and achieve intergenerational leap in the industry.

Yang Haoyong, the CEO of Cheduoduo Group, said that auto trading has entered a new stage of e-commerce development, and we will continue to build the ability to provide better products and services around users, and empower the whole industry with these abilities and standards to accelerate the change and iteration of efficiency and user experience in the auto distribution industry.

Cheduoduo Group is a leading one-stop platform for auto consumer services in China, with three core businesses of Guazi Used Car, Maodou New Car and Cheduoduo After-Car, providing users with the whole industry chain services such as new car, used car transaction services, auto finance, after-sales guarantee and auto repair and maintenance, and meeting all the needs of users in the whole auto life cycle in one stop.

Based on big data and artificial intelligence technology, Cheduoduo has built an AI ecology around the auto consumer service industry, committed to promoting industrial upgrading through technology, improving industrial efficiency and user experience, meeting the growing demand of Chinese consumers for auto consumer services, and making every family own a better car. Up to now, Cheduoduo business has spread to more than 200 cities across China, and has accumulated $4 billion in development capital, ranking first among domestic auto consumer service platforms.