Transportation · Dongcheng District, China · Founded 2011
Youxinpai, now part of the 58 group, operates as a business-to-business (B2B) online auction platform for used vehicles in China. Founded in 2011 by Kun Dai, the company was established to create a more efficient and transparent channel for the circulation of second-hand cars. Kun Dai, who serves as Chairman and CEO, has been dedicated to the used car industry since returning to China in 2005, where he first founded an early used car information website before his tenure at Bitauto (Yiche) and the subsequent creation of Youxinpai.
The company's primary clients are professional automotive businesses, including 4S dealerships, car rental agencies, large corporate fleets, and other used car dealers. Youxinpai's business model revolves around providing a comprehensive, one-stop service for these clients. It generates revenue through commissions on vehicle sales and fees for its various services. The platform's core function is to aggregate diverse vehicle inventory from across the country and present it for auction to a wide network of registered buyers, which now exceeds 230,000. This model addresses the inefficiencies of a fragmented market where dealers previously had to travel extensively to source vehicles.
The platform's service encompasses the entire transaction process. It starts with vehicle inspection and condition reporting, utilizing a proprietary system called "Chake" to create detailed, digitized reports. Vehicles are then listed in online auctions where registered dealers can bid. To facilitate nationwide transactions, Youxinpai offers integrated services including secure payment processing, after-sales support, and extensive logistics and transportation, with the ability to deliver vehicles to over 350 cities and counties. The company also provides value-added services such as bulk disposal for corporate clients, residual value assessment, and financing solutions offered through third-party partners. Following its acquisition by 58.com, the platform is now branded as 58 Tongcheng · Youxinpai.
Keywords: Youxinpai, Kun Dai, Uxin, 58.com, used car auction, B2B automotive, online vehicle marketplace, vehicle inspection, automotive logistics, car dealership services, fleet disposal, vehicle residual value, automotive e-commerce, China used car market, second-hand vehicles, Chake inspection, online car bidding, auto financing solutions, car trading platform, vehicle circulation
Dealroom maps Youxinpai's team person by person — pinpointing the standout operators and scoring them across the six dimensions investors underwrite. The counts and shape below are a public preview; the named individuals and exact scores live in the platform.
1team members profilednamed & role-tagged by Dealroom
Source: Dealroom Talent Intelligence. Public profiles show counts and the team's shape only — request a demo for the named individuals, per-person seniority and tenure, and team benchmarks vs peers.
Market sentiment
What the market is saying about Youxinpai
An AI-synthesized read of the highest-engagement posts about Youxinpai on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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