M&A Deal Summary |
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Date | 2021-08-26 |
Target | Yujie |
Sector | Automotive |
Buyer(s) | Kaixin Auto |
Deal Type | Add-on Acquisition |
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Category | Company |
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Founded | 2015 |
Sector | Automotive |
Employees | 35 |
Revenue | 254M USD (2021) |
Kaixin Auto is a primary dealership network in the premium used car segment in China. Supported by the rapid growth of China's used car market and leveraging its own hybrid business model that offers both a strong online and offline presence, Kaixin has transformed from a tech-enabled financing platform into a nationwide dealer network that combines its own and affiliated dealers as well as value-added services. Kaixin Auto was founded in 2015 and is based in Beijing, China.
DEAL STATS | # |
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Overall | 2 of 4 |
Sector (Automotive) | 2 of 4 |
Type (Add-on Acquisition) | 2 of 4 |
Country (China) | 2 of 4 |
Year (2021) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
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2021-04-15 |
Haitaoche
Beijing, China Haitaoche is a China-based online retail platform for imported automobiles. Haitaoche is committed to developing into China's leading innovative automotive retail trading platform. With a track record of good performance and reputation in the field of import car sales, Haitaoche is expanding its sales system into the field of electric vehicles. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-11-04 |
Morning Star Auto
China Morning Star owns Wuxi Morning Star Technology Co., Ltd. and Henan Yujie Times Automobile Co., Ltd. |
Buy | - |