New Carzone

New Carzone is a business-to-business-to-consumer auto aftermarket platform, formed by Alibaba, Carzone and QCCR (“Qiche Chaoren”). Both Carzone and QCCR are leading auto supply chain operators in China. Combined with Alibaba’s existing auto parts business and market resources, New Carzone is well positioned to expand its national network and empower independent auto aftermarket service providers in China.