We are a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers and other industry participants, with the mission to transform automotive and mobility markets with data and technology. We cover the largest number of new car dealers in China, and the outstanding balance of financing transactions we facilitated was the largest among automotive transaction service platforms in China as of December 31, 2017.
Our platform model puts us in a unique position to add value for our platform participants and business partners as the mobility market in China continues to grow and evolve. We have extensive, technology-enabled service offerings along the automotive value chain, which enable us to attract more participants to our platform and enhance engagement of existing participants. Our services primarily consist of: (1) automotive financing facilitation, (2) automotive transaction facilitation and (3) aftermarket service facilitation.
We use technology to connect our platform participants, bring them a premium user experience, and improve our own operation efficiency. We have accumulated or accessed a massive amount of car buyer data through various sources including the car buyers themselves, third parties with car buyers’ consent, as well as telematics devices during the credit servicing period with car buyers’ consent. The comprehensive data insight built upon our leading technology provides a competitive edge in potential value-added service offerings such as precision marketing, inventory management, client relationship management and credit portfolio management.
information source: Oliver Wyman Report