ExxonMobil In Vehicle Service J-V Targeting Chinese Market

Jan 26, 2020

ExxonMobil has entered into a joint venture with Tencent, which operates the communications and social platforms Weixin and QQ; Tuhu, an aftermarket parts and service provider in China; and an undisclosed distribution holding company. The companies are working to establish an integrated car care network in China.

The joint venture plans to grow the Mobil 1 Car Care Outlets network in China and leverage the strength of all partners to provide a branded, digitally enabled comprehensive vehicle maintenance program. The joint venture is expected to launch this spring.

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