A new venture created by the founder of, Mark Yang. was officially launched online on November 27, 2014 and has soon grown into the largest platform for used cars trading, directly linking buyers and sellers. In September 2017, consolidated its existing business divisions and was upgraded to Chehaoduo Group. In the same month, Chehaoduo Group launched its new retail platform for new cars trading based on finance lease model, the As an important step in the strategy to upgrade the automobile ecosystem, and will together create synergy in the group to provide one-stop solutions for users to travel smart.