in the continuous infusion of capital, even after two years of advertising chelunzhan, second-hand car electricity market continues to burn mode.
2 8, the second half of the used car valuation pricing platform car 300 announced the completion of nearly $200 million C round of financing. Reporters rough statistics found that this is the fourth after entering the 2017 to get financing second-hand car business enterprise.
in 2017, second-hand car market electricity supplier once again burning flames of war, what is the reason for the capital of the big bucks? Continued to burn at the same time, the second-hand car business platform profit model has also been questioned is not clear, the future development of a new format to add variable.
capital open burn mode
entered in 2017, second-hand car electricity supplier suction speed is accelerating.
2 8, car 300 announced to get nearly 200 million yuan C round of financing, on the first day, the third party automobile valuation risk control platform car e estimate and first car loans also announced at the same time, receive 100 million yuan financing and 140 million yuan B+ round of financing.
and the first car loan this round of financing in January of this year at the beginning of the B round of financing a month apart. 2017 to date, the cumulative amount of financing has reached 500 million yuan.
2 9, and news, excellent letter will usher in a new round of financing. Informed sources have revealed that after the completion of this financing, the amount of financing has been used for nearly $1 billion excellent car, the industry has become the most popular second-hand car electricity supplier brand.
nearly two years, the second-hand car market is maintaining rapid growth. According to the February 7th monthly analysis of the situation of the car released data show that in 2016 the country’s second-hand car trading volume exceeded 10 million for the first time, 10 million 390 thousand and 700, an increase of 10.33%. According to the China Automobile Dealers Association is expected, by 2020, China’s used car transaction size will reach 29 million 200 thousand, the proportion of new and used car transactions close to 1: 1.
used car electricity supplier as a new format, the share of the used car market as a whole is still limited. According to iResearch data show that in the first half of 2016, the total turnover of second-hand car electricity supplier industry reached 663099. According to the China Automobile Dealers Association released data show that in the first half of 2016 the country’s second-hand car trading volume 4 million 774 thousand, an increase of 3.6%. In other words, second-hand car electricity supplier turnover is only about 14%.
however, due to the small base, second-hand car electricity supplier turnover growth rate is much higher than the traditional used car market growth. February 8th, excellent letter to the relevant person in charge of the "China Times" (public No.: ChinaTimes) reporter data provided by the excellent letter group B2B business excellent letter shot in 2016 volume of about 300 thousand vehicles, compared to the same period 2015 transaction;