Tiantian Paiche Raises US$100M in Series C Funding

Tiantian Paiche, a Chinese online used-car trading platform, raised US$100m in Series C funding.

Backers included Pagoda Investment, Tencent, BitAuto Technology, etc.

The company intends to use the funds to enhance business operations, improve the customers’ user experience, as well as to continue to expand its market share.

Led by Weiwei Wang, Founder and CEO, Tiantian Paiche connects individual buyers with dealers through an online-to-offline platform and offers a range of car dealership services.



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