VCs remained their passion in investing China auto services chain. Reportedly, 51auto.com secured the second round of US$4.5M investment. 51auto.com will provide integrated services including website, magazine, digital TV channel and offline services.

The investors for this round were still Dragon Groove and DT Capital. They jointly invested US$5.4M into 51auto.com in March 2006. Although it has yet to generate profits, 51auto.com is China's largest second-hand website (portal) in terms of site browse and auto source. The revenue for 2007 is five times that of 2006, according to Haichao Li, CEO of the company.