Home / Business / Companies

Didi invests in used car trading website Renrenche

By Hao Yan | | Updated: 2017-09-25 20:10

Two Chinese companies announced on Monday that Didi Chuxing will invest $200 million in, besides directing more than 400 million users in the hope of further promoting the latter's fast growth.

The country's leading mobility service platform, Didi Chuxing, also will work with the used car trading website in product, technology, operation, business planning. And may have its trading service provided to Didi mobile app users.

"Renrenche will enjoy a significant user advantage in future competitions, and the company will speed up development with the target on users' word of mouth," said Li Jian, CEO of

"We are going to forge China's largest and most trustworthy auto trading platform," Li said confidently.

The companies refused to disclose the share transfer detail. also announced the commencement of its used car festival, featuring a series of services, including fast sales service within three days.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349