Tag Archives: Marketplace

China’s used-car marketplace Uxin to raise $230M via convertible notes

Uxin,  a Chinese second-hand car dealer with Leonardo DiCaprio as its latest brand ambassador, is tipped to get a bag of new funding less than a year after it raised $225 million from its public offering on the Nasdaq. The company announced on Wednesday that it’s selling $230 million worth of convertible notes to 58.com  — China’s answer to Craigslist, Warburg Pincus, TPG and other investors. ... Read More »

This Chinese Used Car Marketplace is Making all the Right Noises

One may have a second thought before purchasing a used car, but millennials in China are slowly changing this attitude towards owning one. A research firm recently published a report stating that the supply of used cars in China will increase as the market matures and the cost benefits will start to stand out more. And reaping full benefit is ... Read More »

Used Car Marketplace Spinny Raises $13.2 Mn In Series A Round

Gurugram-based used car marketplace Spinny has raised $13.2 Mn in Series A funding round led by Accel and SAIF Partners. Existing investors such as Blume Ventures and Simile Ventures had also participated in the round. Raghunandan G (cofounder and former CEO Taxi For Sure) and Haresh Chawla (partner at True North PE firm) also joined the round in their personal ... Read More »

Online Used Car Marketplace Cars24 Raises $49.7 Mn

• The funding has been raised from Sequoia Capital India, Kingsway FCI Fund, and KCK Global • The startup’s valuation is expected to be $250 Mn • Cars24 currently has more than 50 branches across 10 major cities in India Gurugram-based online used car marketplace Cars24 raised $49.7 Mn (INR 340 Cr) from Sequoia Capital India, with the participation of some existing ... Read More »

Frontier Car Group raises another $58M for its used-car marketplace for emerging economies

  We’ve seen a large wave of used-car sales startups launch across developed markets like the U.S. and Europe, disrupting a marketplace that has largely been untouched for years. Now a startup focusing on the used car-sales opportunity specifically in developing economies is ramping up its activities. Frontier Car Group, a Berlin startup that has built a used-car marketplace targeted ... Read More »

Facebook will pull used car ads into its Marketplace

Facebook Facebook Marketplace has been around for a year now. In that time, the social network has gotten a firm grasp on what users are buying and selling on its Craigslist rival. (It’s also made sure to stop you from hocking certain things like, ahem, hedgehogs). But, cute critters were always going to be a niche category anyway. What’s really popping on Marketplace are cars. ... Read More »

high-end phone marketplace Set to grow in India in 2016: CMR

The high-end telephone market is predicted to develop 19 percentage in 2016 from 15 percentage the previous year as increasingly customers are upgrading to premium devices from top brands like Samsung, Apple and OnePlus, a file said on Thursday. at the same time as Samsung and Apple will stay strong gamers, new brands together with Gionee, Huawei, Vivo, and Lenovo ... Read More »

LeEco seems to enter america marketplace q4

LeEco has determined to go into america market this autumn. The chinese enterprise after tipping its ft into the Indian marketplace has now determined to make its manner to the massive aggressive market inside the West – or more particularly, america. word of the business enterprise’s plans comes from the organisation’s PR Director Todd Witkemper himself. He confirmed to SlashGear ... Read More »

Moto G4, Moto G4 Plus launch: Motorola Says India Is Its second largest marketplace

Lenovo-owned Motorola on Tuesday launched its fourth-generation Moto G phone in India. The Moto G4 (and Moto G4 Plus) brings a variety of upgrades over its predecessor. The Moto G4 Plus particularly ships with a fingerprint scanner that’s the spotlight of the handset. At launch, Lenovo’s Dillon Ye, vp, MBG Asia Pacific kicked off the event sharing a number of ... Read More »

Samsung Takes Lead From Apple in US cellphone marketplace: Counterpoint

Samsung has taken the lead over Apple within the US phone market, consistent with the state-of-the-art data by means of Counterpoint research. It took Samsung 11 months to regain the pinnacle spot in the US marketplace after dropping it to rival Apple in April last year. in keeping with the studies company, Samsung accounted for 28.eight percentage cellphone income within ... Read More »