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PR Newswire

China's Largest Used Car E-business Cheyipai Receives $110 Million in Financing

(Beijing time) On Jan. 22, 2015, China’s largest second-hand car e-business trading platform Cheyipai announced that the firm had done a new round of financing worth $ 110 million. RENN (Stock Code: RENN) was the lead investor of this D-round financing with secondary investors Sequoia Capital, Matrix China, Morningside Ventures and CITIC Capital.BEIJING, March 2, 2015 /PR Newswire/ -- China's largest used car e-business trading platform Cheyipai announced that it has completed a new round of financing valued at $110 million. Renren Inc. (NYSE: RENN) was the lead investor of this D-round financing with secondary investors Sequoia...