Fresh from raising $100 million in its Series C in March, Chinese used-car online auction startup Chezhibao Information Technology announced that it has closed its Series D funding round with a total of RMB 800 million ($125 million) in investments.
The company, which operates the business-to-consumer car trading platform Chezhibao.com, said the latest round was led by private equity firm Green Harbor Investment and backed by Pacific Alliance Group, Ador Equity Investment Fund Management, and Gobi Investment Management.
