The online used car retailer is the third China-based used car seller to pick up venture funding in the past year.
China-based online second-hand car retailer YouChe.com has raised $10m in a series A round led by China-based venture capital firm IDG Capital Partners, China Money Network reported yesterday.
YouChe is an online-to-offline platform that sells used cars in China. In December, it received several million RMB (RMB 1 = $0.16) from China-based seed fund Zhen Fund.
IDG Capital Partners, a subsidiary of data and publishing firm IDG, invests in Chinese and Asian tech startups developing mobile apps, videogames and other…