Susquehanna International Group's SIG China subsidiary led a round for the online car dealership that included several existing backers.
China-based automotive marketplace operator Yiauto has raised $70m in a series C round led by SIG China, part of quantitative trading firm Susquehanna International Group, DealStreetAsia reported yesterday.
Existing investors including venture capital firms BlueRun Ventures, Sky9 Capital, GGV Capital and K2VC also participated in the round.
Yiauto’s online platform enables customers to purchase cars from more than 40 domestic and foreign car brands. It also operates more than 200 outlets primarily located in the southern region of China, where…
