Xinyou Group's brand of "Heart with Used Cars" is an e-commerce platform focusing on the retail service of used cars, including both B2B business for car dealers and B2C business for individual consumers.
Brand background
XinYou was founded by Dai Kun, the former vice president of Easy Car Group, 20 1 1, and received angel investment from Li Bin, the chairman of Easy Car Group.
Since its establishment, Xinyou Group has attracted investors and international investment institutions including Huaping, Baidu, Tencent, Gaoyou, Tiger, KKR and Junlian. By the end of 20 17, the total amount of accumulated financing was close to10 billion USD.