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Newlinks Technology raised RMB275 million in Series B funding

2019-04-28

Newlinks Technology , a Chinese car refueling service provider, announced that it has secured a RMB275 million Series B round of financing led by GSR United Capital and Zero2IPO, Other new investors included Sino Pacific Capital and Qingdao Global Wealth Center. Newlinks Technology’s existing shareholder, Pusu Capital also participated this new round. China Taihecap served as exclusive financial advisor.

Newlinks Technology is mainly providing one-button cardless refueling service. The app will recommend a gas station for the user. After arriving at the destination, the phone will pay by one button, and there is no need to get off the car during the whole process. In addition, it also provides car maintenance, 4S services, tire services, illegal inquiries, auto insurance, car care and other services.

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