S2B2C’s new car trading model has been bet by many Internet giants.
It was learned that Shenzhen Corn Good Car Network Technology Co., Ltd. (hereinafter referred to as “Corn Good Car”) announced that it has recently won the investment of Meihua Venture Capital after completing millions of angel round financing in March 2019. The RMB-10,000 RMB Pre-A round of financing will be used for marketing and promotion and software platform upgrade iterations.
The corn car is based on the WeChat ecosystem S2B2C new car online trading platform, WeChat small program “corn good car” and “corn good car micro exhibition hall” earliest in 2018 6 On the line, the platform system includes a shared source library, a new retail SAAS marketing tool, a supply chain and a consumer staging financial supermarket, and provides real-time online services to tens of thousands of franchisees through the WeChat applet. As of the first half of 2019, corn good cars have received more than RMB 4 billion in credits from financial institutions such as Hua Xia Bank, Industrial and Commercial Bank, China Construction Bank and PICC.
Screenshot of the “Corn Good Car Micro Showroom” applet
Founder and CEO Huang Minmin told China’s auto sales have been the world’s number one for eight consecutive years, with an overall market size of one trillion yuan. At the policy level, on July 1, 2017, the Ministry of Commerce issued the “Measures for the Management of Automobile Sales”. The new “Measures” broke the “4S shop” monopoly sales model represented by the “brand license” of the automobile industry. “The scale of auto dealers has expanded rapidly, and the mobile Internet has gradually become the main tool for customers. Due to various factors in the integrated market, we believe that the new retail business model of S2B2C as the core will become one of the mainstream innovation models in the future.”
On the online new car trading field, the corn car is based on the car dealers, and integrates the vehicle source information flow, the supply chain capital flow and the SAAS customer tools through technical means, and provides them to the cooperative car dealers. Achieve accurate customer acquisition and fast turnover. At present, there are more than 10,000 registered merchants for corn good cars. The company plans to achieve more than 50,000 registered merchants within two years, with GMV reaching 50 billion.
Huang Yumin said