NET 100 million dollars into O2O's first business with a second-hand car

NetEase Science and technology news December 2, net announced in Beijing Net first O2O Project Market good Car project online, officially into the O2O field of second-hand cars. NET CEO Yang Hao Chung said http://www.aliyun.com/zixun/aggregation/37255.html ">2015 year will invest 100 million of dollars in the O2O field."

For this 100 million dollar use, Yang Hao-hu revealed: As a platform, the market will continue to promote the open platform strategy, in some high-quality O2O vertical areas, the market will provide entrepreneurs with capital, resources and experience; The platform in the O2O ERA value is the platform for the long tail, the market platform will be continued to move, Maintenance and other low-frequency services in depth integration on the platform to provide services to users, while in the O2O high-frequency applications, the market will focus on second-hand cars and automotive service areas.

According to the market good car project leader Wang Xiaoyu Introduction, Fair Car Project in the mode of design, through the market good car platform, replaced the 4S shop, yellow cattle, used cars business layer link, through the Consumer-to-consumer network transactions and offline services, a total of 15% of the transaction costs can be saved to the buyers and sellers.

At present, the scale potential of the trillion-used car market becomes the focus of capital competition, preceded by a number of second-hand car business platform to complete financing. Data show that the first half of the country's total used car trading size of 2.819 million vehicles (used car dealers have taken a 3% of the market share), compared with a year earlier growth of 12.77%, turnover of 170.526 billion yuan, compared with a year earlier Rose 22.88%.

This August, net announced the completion of a new round of 200 million U.S. dollars in financing, Yang Hao-hu said that the market will not be "second" status of the listing, but to achieve three "first": Classified information Industry first, classified information industry mobile first, recruitment industry first, and plans to launch next June, the listing, The field of O2O investment is also intended to tell more stories before listing. (Hong da)