Car trader Chehaoduo nets $200m from SoftBank Vision Fund, Sequoia China

Car trader Chehaoduo nets $200m from SoftBank Vision Fund, Sequoia China

Guazi.com's offline store. Source: Chehaoduo

Chinese online car trading platform Chehaoduo Group announced on Wednesday that it has raised another $200 million from SoftBank’s $100-billion debut Vision Fund and Sequoia Capital China, in an extended Series D round of financing following the previous $1.5-billion tranche in February 2019.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter