AAA Kunlun Technology bets on Ebaoyang

Kunlun Technology bets on Ebaoyang

China-based car maintenance service provider Ebaoyang has secured $20m in a series B round led by online gaming company Beijing Kunlun Technology, China Money Network reported earlier today.

Kunlun provided $11m, while the rest of the funding came from investment firm Source Code Capital. Source Code previously provided $5m in series A capital for Ebaoyang in October 2014.

Founded in January 2014, Ebaoyang enables vehicle owners to book a vetted mechanic online who can then come to fix their car on-site. The company handles all aspects from supply chain management to customer service.

Leave a comment

Your email address will not be published. Required fields are marked *