used car platform Archives

Tesla Sues A Used Car Firm for Infringement

According to the Tianyancha App, a commercial querying platform, Tesla (Shanghai) Co., Ltd. added a case filing information on August 26. The case cause was an intellectual property infringement dispute.

Kaixin Auto Secures $700M Intended Investments for Pending Acquisition of New Energy Vehicle Manufacturer

On August 4, Kaixin Auto announced that it had obtained targeted investment intentions totaling $700 million from several investment institutions.

Uxin and NIO Capital Sign Financing Agreement of $100M

Uxin has signed a financing agreement with its existing shareholder NIO Capital's affiliated company, which subscribed for 714 million senior convertible preference shares, with a total value of $100 million.

NIO Begins Trials Operations of Used Car Trading Service

Chinese automaker NIO launched trial operations of its "owner-direct sale" service for official used cars, providing a platform for the free trade of vehicles among users.

Online Used Car Dealer Uxin Receives New Financing of $100M

Uxin Limited, an online used car trading platform based in China, announced on Monday that its existing shareholders Nio Capital and Joy Capital have signed a binding letter of intent for investment in the company.

ByteDance’s Used Car Business Project Under Long-Term Preparation

ByteDance's used car project has been initiated internally following a long period of preparation. The name of the project is likely to be "Dongdong Haoche," so as to distinguish it from the company's car information app Dongchedi.

Online Used Car Company Uxin Secures New Financing Led by Nio Capital and Joy Capital

Online used car trading platform UXIN announced definitive agreements with Nio Capital and Joy Capital, in which both firms have agreed to invest a total of up to $315 million in the company.

China VC Weekly: AI, Used Cars and Neuromedicine

Last week, while not too eventful in terms of the number of VC deals in China, saw at least three interesting investments.

Chinese Used Car Platform Uxin to IPO on Nasdaq

Uxin Limited, China’s leading used auto trading platform, filed for an initial public offering on Tuesday, seeking investments of up to $500 million on the Nasdaq Stock Market, and will run under the symbol of “UXIN”.

Everything about China's Innovation