Uton secures 10 million RMB in series A funding

27 Jul 2017
Uton (梧桐汽车), a service provider in the used-auto sector, announced that it has secured 10 million RMB ($1.5 million U.S.) in a series A funding round led by Zhonghai Tongchuang Group (中海同创集团), and joined by GAW Capital Partners (车界汇资本) and the used-auto financing platform Chedai.com (第1车贷).


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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.