SoftBank Vision Fund Pours $1.5B Into Chinese Auto Retail Services Platform

Chehaoduo, a Chinese auto retail services platform previously known as Guazi, has raised US$1.5 billion in a new round of financing led by SoftBank Vision Fund, according to a statement released by its exclusive financial adviser on Thursday. The massive funding brought the valuation of Chehaoduo to over US$9 billion. It followed a mega-deal secured […]

SoftBank Vision Fund Pours $1.5B Into Chinese Auto Retail Services Platform comes originally from China Money Network. All Rights Reserved.

Read the original article: China Money Network