Zongteng Group, A‑Premium, and CDH Investments completed a $35.7m investment in CarParts.

Zongteng Group, a global cross‑border logistics and e‑commerce infrastructure provider, A‑Premium, a global automotive aftermarket parts brand, and CDH Investments, an international investment firm, completed a $35.7m investment in CarParts, a technology‑driven online automotive parts retailer. "We are excited to leverage the expertise of ZongTeng, A-Premium and CDH Investments to help scale CarParts operations and unlock new growth opportunities in the US auto parts industry. We have the right partners for the next stage of our company's journey,” David Meniane, CarParts CEO.