Alibaba’s New Carzone raises nearly $200m in Series D round

Alibaba’s New Carzone raises nearly $200m in Series D round

Photo by Tory Bishop on Unsplash

Jiangsu New Carzone Auto Parts Co., Ltd, a B2B2C auto aftermarket platform co-established by Alibaba, announced on Thursday that it has raked in nearly $200 million in a Series D round.