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Chehaoduo raises USD818 million in Series C funding
2018-03-01
Mar 02, 2018--Online car hire and purchase platform Chehaoduo is has raised $818mn in its latest funding round, led by tech giant Tencent, and also included investment from ICBC International, Yungfeng Capital, Singaporean sovereign fund GIC among others. The company already had investment from Sequoia Capital, H Capital and DST Global who invested further in this round. China Taihecap continued serve as the exclusive financial advisor.
Chehaoduo’s previous round was in October and raised $180mn, following $400mn in June.
