Beijing Taoche Technology Co., a used car sales platform in China, is considering raising as much as $200 million in fresh funds, according to people familiar with the situation.
The company is working with an adviser on the new funding round, the people said, asked not to be identified discussing a private matter. It is currently valued at about $1 billion, they said. Taoche is targeting an initial public offering as soon as 2024, and is considering the US among potential listing…
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