This is as overall used car sales in China struggle to eke out single-digit growth amid a broader auto market slump.
Why it matters: China has continued to push used car sales as part of a way to get the country’s overall domestic car sales back on track.
Details: Chehaoduo Group, best known for its used car trading platform Guazi, made a profit in November and expects to be profitable in the fourth quarter of this year, its CEO Mark Yang said on Monday in Beijing to Chinese media.
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