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HONG KONG, Apr 14, 2015 - (ACN Newswire) - The world's leading O2O automotive ecommerce platform "Autostreets"(www.autostreets.com) is speeding up track in development. Baoxin Auto, a leading 4S dealership group in China, together with China Rundong Auto, Kangshun Auto, and Yuntung Motors became one of the first dealership groups to invest in AutoSt. and formed strategic alliances with more than 20 large dealership groups in China. This indicates that "Autostreets" has been rapidly developing, starting the seamless connection between online and traditional services. It will accelerate the promotion of successful transition from traditional offline business to a brand new online platform, enabling customers to enjoy both online and offline one stop value-added services across China, with great convenience and under full-range international 4S standards. AutoSt. is an O2O e-commerce founded by Baoxin Auto Group, Cox Automotive (the largest online/offline auto trade platform in the world) and CMBI (a subsidiary of China Merchants Bank) in 2014. Cox Automotive provides technical support as the world's most advanced online and offline car trading technology platform and internet technology platform; CMBI provides a full-range of auto financing services, online payment, and high-end customers referral; while the dealership alliance provides national coverage of various car brands, offline services and car resources integrating online and offline auto services business. AutoSt. will have a matured, extensive traditional offline dealership network, along with a most advanced internet technology platform, which marks it as the most promising one-stop automotive ecommerce platform with high potentials.
Leveraging on strong background of the shareholders, AutoSt. boasts of having multiple subsidiary offline trade centers in China and aims to achieve the strategic goal of establishing thousands of outlets nationwide through dealership alliance by the end of 2015. The mobile platform of AutoSt. has been embedded into the mobile apps of 30 million customers from China Merchants Bank. AutoSt. will provide the customers with the most comprehensive information and most convenient search for automobiles in China, and thus establish the most authoritative assessment and pricing system for pre-owned cars. With support of internet and driven by customer experience, it's convenient and efficient nature is embodied in all of its services, including car sales, after-sales and trade-in service. During its entire service process, its unified and strict service standards will be implemented to further strengthen the functions and application of its e-commerce platform, and thus creating the leading auto ecommerce platform globally.
Topic: Press release summary
Source: Grand Baoxin Auto Group Limited
Sectors: Daily Finance
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From the Asia Corporate News Network
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