China: Used car trading platform Chezhibao raises $100m led by PE firm PAG

China: Used car trading platform Chezhibao raises $100m led by PE firm PAG

(L-R) Chezhibao's CEO Huang Le and Youyiche's CEO Shi Wenyi

Chezhibao, which operates Chinese used-car online auction platform Mychebao.com, has raised $100 million in its Series C round of funding led by private equity firm PAG.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter