Prometheus Capital And China Minsheng Investment Join $150M New Funding Round In RenRenChe

car copyPrometheus Capital and China Minsheng Investment have joined a US$150 million new funding round in Beijing-based online used car marketplace RenRenChe, according to Chinese media reports. New investors in the round also included HanFor Holdings and Xinjun Capital, while existing investors Shunwei Capital, Ceyuan Ventures and Redpoint Ventures also participated. Since being launched in April […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network