17 February 2017
Beepi hits the skids
The used car marketplace, which had been backed by automaker SAIC Motor at a $500m valuation, is set to wind down and sell off its assets.
Author: Robert Lavine, News Editor
Beepi, the US-based online vehicle marketplace that had raised about $150m in funding from investors including carmaker SAIC Motor, is set to wind down its business, the Wall Street Journal reported yesterday.