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What will happen if e-driver doesn't pay?
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From the automobile trading market to auto parts, beauty, taxis, car rental and even driving, the industrial chain extending around automobiles is growing, especially in the environment of mobile Internet, automobile O2O is booming.
20141017,58 Tongcheng announced that it would invest 20 million USD in e-purchasing. According to the investment agreement, E-Purchasing will issue 7.8% common stock to 58 cities. In this transaction, the valuation of e-generation driver exceeds 250 million US dollars, and angel round investor Jingwei Venture Capital and A round investor Guangsu also participated in this capital increase for e-generation driver. Since then, 58 cities have merged the driving business into e-driving.
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