Legend Capital Joins $45M Funding Round In Fairlubo

Beijing-based Fairlubo, a total-loss and salvage vehicle auction platform, has raised US$45 million from Chinese second-hand car auction firm Uxin Group, Fengshang Capital and Legend Capital, according to a company announcement (in Chinese). Founded in 2011, Fairlubo operates in a niche market and provides total-loss and salvage vehicle auction services, similar to Insurance Auto Auctions […]


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