Easy Car Network and Kelley Blue Book and China Auto Circulation Association to reach strategic cooperation

Beijing Time November 7 Evening News, Easy Car Network (Nyse:bita) announced today, with the United States leading new vehicles and second-hand car content provider Kelley Blue Book (hereinafter referred to as "KBB") and the Chinese Automobile Circulation Association (hereinafter referred to as "CADA") to reach a strategic cooperation, In the form of joint-venture companies to jointly exert China's second-hand car valuation service market.

With easy Car network on the Chinese market understanding, and in the second-hand market stable user base, KBB 87 years of automotive valuation experience, as well as cada in the industry's authoritative position, and its extensive second-hand market data, the joint venture will be through the Internet and mobile platform to consumers, automobile manufacturers, distributors, insurance companies, Financial companies and other companies in need of car valuation services provide car valuation products.