[ Guazi.com raises $400M in Series B ]

Guazi.com has raised $400 million in Series B funding.

Founded in 2014, Guazi.com is a rapidly growing, market-leading C2C used car trading platform which directly links individual car sellers and buyers. Guazi expects used car transaction volumes to grow rapidly and is expanding into transactional services.

The comoany  plans to invest in enhancing its brand image, upgrading its technology and strengthening its used car and auto-industry partner network.

Funding  Series B
Founded  2014
Country  China
City  Fengtai, Beijing Municipality
Founder / CEO  Mark Haoyong Yang
Deal Size  $400M
Investors  Sequoia Capital
 Matrix Partners China
 Dragoneer Investment Group
 BlueRun Ventures
 Jingxin Venture Capital
 Cmb International
 H Capital
Previous Investors  BlueRun Ventures
 Matrix Partners China