Smart car-washing company Yizizhu secures a new round of financing of several hundred million yuan

Smart car-washing company Yizizhu (Easy Self-service) has obtained hundreds of millions of yuan in financing from PAG Group.

Smart car-washing company Yizizhu (Easy Self-service) has obtained hundreds of millions of yuan in financing from PAG Group.

Established in 2017, Yizizhu aims to create a new Internet-plus-car-washing model in China. It provides car owners with a 24-hour convenient car wash service at their doorsteps. The city and gas stations can be used to improve city’s facilities, reduce car owners’ living costs, and provide environmental protection and energy-saving equipment, reducing waste of resources.

This financing marks the official entry of the first giant fund into the smart car-washing sector in 2020. At present, it is rare that the amount of financing exceeds 100 million yuan in the field of smart car washing.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/smart-car-washing-company-yizizhu-secures-a-new-round-of-financing-of-several-hundred-million-yuan/.

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