Consumer Staples Jul 20, 2020 08:34 PM (GMT+8) · EqualOcean
JD Auto launched a new App called Dongchehui, aiming to connect auto buyers and sellers and making the car wholesale process simpler. This is the first time JD starts an e-commerce business on the car dealership. In general, it is similar to the process of sharing and publishing transaction information on 58.com. However, the most significant difference is that JD will let the auto sellers pay a guarantee deposit, and make sure about the deposit security - in this way, it filters out low-credit car dealers and increases the transaction security. 

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