Lightspeed China Injects $12M Series A In Yikuaixiu.Com


Beijing-based O2O (online-to-offline) platform for automotive after sales service Yikuaixiu.com has received US$12 million series A financing from Chinese venture firm Lightspeed China Partners, according to Chinese media reports.

The company says it will use the proceeds to expand its offerings and to build more offline stores in major cities in China.

Launched in June 2014, Yikuaixiu provides door-to-door automotive after sales services including regular maintenance and repair. It currently has nearly 200,000 users.

 

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