China: Yixin Capital raises $579.4m from Tencent, others

Yixin Capital raises $579.4m
A Chery EQ electric car is displayed at a electric car dealership in Shanghai, China, January 11, 2017. REUTERS/Aly Song

Yixin Capital Limited, an online automotive transaction platform, has closed an RMB4 billion ($579.4 million) funding round from a group of strategic investors including Tencent, Bitauto, China Orient Asset Management, AMC International, and SF Express founder Wei Wang.

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