Carzing
Stage
Series A | AliveAbout Carzing
Carsing is a Shanghai-based used car auction platform. The company aims to improve consumers' experiences when selling used vehicles by providing inspection services and facilitating transactions to automobile dealers through wireless mobile auctions. Through this financing, the investors will leverage their knowledge of the Chinese market to help grow Carsing's domestic footprint.
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Expert Collections containing Carzing
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Carzing is included in 1 Expert Collection, including Auto Commerce.
Auto Commerce
700 items
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Latest Carzing News
Feb 17, 2020
Automotive dealers with AutoCheck subscriptions can list vehicles on CarZing’s website for no additional charge There has been a cultural shift for consumers to research and shop for vehicles online, which means dealers are continually searching for cost effective ways to showcase their inventory. To address this challenge, Experian announced at the National Automobile Dealers Association (NADA) Show 2020, an exclusive relationship with CarZing, the innovative online vehicle shopping portal. As part of the strategic alliance, dealerships with AutoCheck subscriptions can now list their inventory on CarZing.com and AutoCheck.com for no additional fees. “We are committed to helping dealers streamline their processes and sell more vehicles,” John Gray , Experian’s president of automotive, North America, said. “Through our collaboration with CarZing, dealers can increase exposure of their inventory at no additional charge, while simultaneously making it easier for consumers to find the vehicle they want. Additionally, with AutoCheck reports included in the listings, consumers are assured of a more transparent transaction, and can feel more confident in their vehicle choice.” Consumers using the CarZing customer portal will be able to access AutoCheck vehicle history reports to better understand and compare vehicles directly through the website. This includes information related to reported accidents, odometer readings, any open recalls, and if the vehicle qualifies for buyback protection. Experian’s AutoCheck vehicle history report is the industrial-strength report that is used daily by dealers and consumers to better understand a vehicle’s history and make informed vehicle purchases. Additionally, with the proprietary AutoCheck Score, dealers and consumers alike are able to quickly understand the likelihood that a vehicle will be on the road in five years. “We’re thrilled to be collaborating with Experian, as it furthers our mission to provide a hassle-free shopping experience for consumers,” Barry Lane, CarZing’s vice president of business development, said. “We believe this has huge benefits for both dealer and consumers.”
Carzing Frequently Asked Questions (FAQ)
Where is Carzing's headquarters?
Carzing's headquarters is located at Shanghai.
What is Carzing's latest funding round?
Carzing's latest funding round is Series A.
Who are the investors of Carzing?
Investors of Carzing include Delta Capital Myanmar, FLAG Capital Management and Baird Capital Partners Asia.
Who are Carzing's competitors?
Competitors of Carzing include Chehaoduo and 5 more.
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Compare Carzing to Competitors
2Duche operates as a leading used car marketing and service platform. The company serves used car dealers through its web-based platform and call center. It offers live auctions, drive-thru auctions, an online storefront, and professional call center, and a car inspection service. 2Duche was founded in 2006 and is based in Shanghai, China.
Chehaoduo operates in the used car sales industry, focusing on providing a platform for buying and selling pre-owned vehicles. The company offers services such as official vehicle inspections, a 7-day trial drive with a no-reason return policy, and comprehensive post-sale warranties to ensure customer satisfaction and vehicle reliability. Additionally, Chehaoduo facilitates online car auctions and provides financial services to assist customers in their car purchase. It was founded in 2015 and is based in Beijing, Beijing.
SouChe provides a customer-to-customer (C2C) platform. It allows used-car sellers to dictate their own prices, with revenue generated from commissions charged on individual transactions. Its products connect used car dealers to small and large new car dealers in China. The company was founded in 2012 and is based in Hangzhou, China.
Che300.com is an independent third-party service provider focused on vehicle condition and price information for the automotive industry. The company offers comprehensive vehicle price evaluations, maintenance and collision history checks, model identification, used car listings, and multi-platform selling services to facilitate risk-free transactions for buyers and sellers. Che300.com primarily serves individual users looking to buy or sell vehicles and industry professionals in the automotive trade and finance sectors. It was founded in 2014 and is based in Nanjing, Jiangsu.
Chezhibao is an online used car trading site which uses an auction system to sell cars, and provides free, one-stop services for sellers.
Carro provides an online marketplace for used cars. The company offers aspects of car ownership and uses artificial intelligence (AI) enabled technology for the car ownership lifecycle, including buying, selling, and leasing second-hand cars, all facilitated through an online platform. It primarily serves the automotive industry. It was founded in 2015 and is based in Midview CIty, Singapore.
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