Trucking services marketplace Manbang Group has provided RMB300m ($46m) in series A funding for Jiayi Bingding E-commerce, the China-based owner of online automotive services provider Jybd.cn, Marbridge Consulting has reported.
Jybd is an online platform that provides connections to auto parts sellers and vehicle maintenance service providers. It also supplyies e-commerce tools and services such as online payment, customer relationship management, logistics and delivery for operators in the industry.
The company plans to work with Manbang on developing an after-sale service network and a large-scale platform that will connect elements of the vehicle parts supply chain.