This online auto aftermarket platform bundles insurance with repair/maintenance plans, and offers reliable standardized auto solutions at fixed prices delivered by its partner garages.
Why
Unpredictable service
The service at China’s many mom-and-pop auto repair shops is often patchy and unreliable.
Conflict of interest
Car service centers profit from the maximum repairs, while insurance companies need to control costs.
“Generation Internet” consumers
Consumers are increasingly turning to the Internet to compare prices and services.
Market
RMB 600 billion–800 billion
Current value of China's auto aftermarket sector; seen to grow to RMB 1 trillion by 2020, with internet/O2O-based businesses rapidly gaining market share.
The rest of the content is only available if you are logged in.