1bib.com, the Chinese online platform for purchasing and selling cars just had a face-lift. I have been an advisor to this company for over a year now, and the company is doing very well. So far 1bib reached all its milestones and Honglian Tan has built a great team in Guangzhou. They recently launched a new website design. The new layout is refreshing, with a more dynamic style, a vivid orange colour, and a number of cool features and new technology. Features such as comparison, recommendation, lucene search, daily update of special offers and a bulletin board system (BBS) were added.
For car fans, the BBS includes a club for specific brands and a club for uploading and downloading car photos. Car owners can also access and download specific car related forms, such as a car registration form and used car selling contracts.
Other information offered through the BBS includes among others car maintenance, driving rules & regulations, car leasing options, car taxation and the latest news on the Chinese car industry. Viewers can also add comments about cars and dealers. 1bib publishes a monthly offline magazine, so far only in Guangdong province, but starting this month it will be published in Beijing as well.
I think the company has a good potential to keep on growing, and I am proud to be on their advisory board. The company plans to raise a new round of financing over the next couple of months. If you are interested to learn more about this, I can get you in touch with the management team.