·Automobile has completed the $110 million D round of financing for Renren.com

On February 6, the domestic second-hand car e-commerce transaction service platform car easy to shoot has completed 110 million US dollars D round of financing.
This round of financing was led by Renren. The old shareholders such as Sequoia Capital, Jingwei China, Morningside Ventures and CITIC Capital continued to vote.
Che Yipiao started from the A round in 2011 and has completed the fourth round of financing, with a total of 185 million US dollars.
In 2014, the total amount of domestic used car transactions was 367.565 billion yuan, an increase of 26.03%. It is reported that used car e-commerce experienced a wave of capital "baptism" in 2014. C/B2B used car online shooting platform similar to the car easy to shoot mode "selling excellent letter", also has more than 100 million dollars in financing, the rising star C2C used car online virtual consignment platform everyone car, good car worry-free, have completed 2000 The latest financing of the dollar.
The total number of used car transactions was 6,052,900, a year-on-year rate of 16.33%. It is estimated that the proportion of online transactions is less than 10%, and the overall increase in the proportion of used cars and the proportion of online transactions is still large.

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