Chinese automobile news and information provider Youche Yihou Information Technology Co., Ltd announced that it has concluded its investment round.
The company has secured 200 million yuan ($29 million) in funding round.
The investment was co-led by Chinese social media and gaming company Tencent.
Other backers include China-based private equity firm Plum Ventures, Ningbo Xinmei Asset Management Co., Shenzhen Oriental Fortune Capital Co. and Blueprint Innovation Investment Management Co.