CPIC leads $30m round for China restored car auction platform
China Pacific Insurance Corporation (CPIC) has led a RMB200 million ($30 million) Series B round for Bochewang.com, a Chinese online auction platform for restored cars.
Sino-Ocean Land and Far East Horizon also took part in the round, according to a statement. In addition, existing investor Fosun Kinzon Capital re-upped. Founded in July 2014, Bochewang specializes in...
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