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JYBD

company

About

JYBD provides a comprehensive service platform for the entire industry chain of the O2O deep integration of the automotive aftermarket.

  • Beijing,Beijing,China
  • 251 - 500

Details

Last Funding Type
Series A
Last Funding Money Raised
$45.42M
Industries
Logistics,Shipping,Space Travel,Transportation,Travel
Founded date
Jan 1, 2016
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Acetin (Beijing) E-commerce Co., Ltd.
Also Known As
Acetin (Beijing) E-commerce

JYBD provides a comprehensive service platform for the entire industry chain of the O2O deep integration of the automotive aftermarket.

CAB is a comprehensive service platform for the entire industry chain of the O2O deep integration of the automotive aftermarket based on the "industry + internet" model and jointly established by industry channel dealers. Acetin aims to use the Internet to promote the transformation of traditional industries, reduce transaction links, reduce costs, improve industrial efficiency, build a router for the automotive industry, and jointly build a new ecosystem for the automotive aftermarket network.


As a platform eco-type Internet enterprise, EPDM has platform service capabilities covering the commercial vehicle + passenger car business group, and On line supply chain + Off line channel operation capabilities, providing service solutions for the entire EPDM industry chain; at the same time as a The service platform for operating 2B & 2C business not only has the ability to integrate offline channels, but also has the full support of many first-class brand supplier groups.


Based on the above characteristics, CABNET promotes the Internetization of traditional enterprises, transforms existing businesses with big data, optimizes the supply chain system, reduces costs, improves industrial efficiency, and integrates logistics, capital flow, information flow, business flow, and people flow in a platform-wide industry. The chain is opened, and the scenes of the various after-market transactions in the automotive after-market are presented in a panoramic manner, forming a large ecosystem in which all roles participate together, and eventually becoming an infrastructure platform for the e-commerce transformation of the automotive after-market.


Beginning in 2017, the headquarters of EPDM moved to Zhongguancun in Beijing, and the leading companies across the country were formed to form EPDM (Beijing) E-commerce to conduct business nationwide. After years of trial, error correction and accumulation of experience, CABNET has matured its business model. Not only does it have a mature e-commerce system and a well-run model market, it can also have a nationwide offline channel network and a professional operation team. , Has the irreproducible resource advantages of the Chinese tire industry and even the automotive aftermarket.


In 2018, the company has successively won tens of millions of CITIC Construction Investment led the Pre-A round, and Manbang Group led the A round of 300 million RMB investment. As of the end of January 2019, it has covered 26 provincial-level administrative regions, 110,000 stores, and 6,200 suppliers. In March, the total monthly platform sales exceeded 500 million yuan, an increase of more than 15% from the previous month, and the annualized transaction volume exceeded 5 billion. yuan.


A-People's mission is to "unify the world's stores, so that business is no longer difficult to do"; adhering to the values ​​of customer success and passion; strive to build A-People's Network into an integrated platform for the industry's supply chain, a platform for gathering industry data, and industry standards Output platform. CAB will focus on the automotive aftermarket, unite resources, establish standards, and jointly build a new ecosystem for the automotive aftermarket.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$95.42M ¥200M
JYBD has raised a total of $95.42M ¥200M in funding over 2 rounds. Their latest funding was raised on Dec 24, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 24, 2021 Series B ¥200M 2 CICC Detail
Nov 29, 2019 Series B $50M 3 Sino-Ocean Capital Detail
Jun 27, 2018 Series A $45.42M 1 Manbang Group Detail

Investors

Number of Lead Investors
Number of Investors
3
4
JYBD is funded by 4 investors. CICC and Sino-Ocean Capital are the most recent investors.
Investor Name Lead Investor Funding Round
CICC Yes Series B
Sino-Ocean Capital Yes Series B
Manbang Group Series B
Shanghai GuoHe Capital Series B

Employee Profiles

Number of Employee Profiles
1
JYBD has 1 current employee profiles, including Executive Chengyu Ruan
Executive