Chezhibao
Founded Year
2010Stage
Debt | AliveTotal Raised
$387.83MLast Raised
$29.6M | 6 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-62 points in the past 30 days
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Expert Collections containing Chezhibao
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Chezhibao is included in 2 Expert Collections, including E-Commerce.
E-Commerce
11,032 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
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 Chezhibao News
Jun 26, 2018
(Yicai Global) June 6 -- Chezhibao Information Technology, the operator of second-hand car trading platform Chezhibao.com, is aiming for a five-fold increase in revenue this year after securing CNY800 million (USD125 million) in D-round funding. Green Harbor Investment led the Beijing-based firm's financing round, contributing CNY600 million, tech news portal 36Kr reported today, while Pacific Alliance Group, Addor Equity Investment Fund Management and GOBI Investment Management also participated. “We’ve made profits across the board,” said Chief Executive Huang Le. “As part of our plan, we’ll achieve 400 percent annual growth in both trading volume and revenue by the end of this year, and our trading volume will reach one million units within two years.” The consumer-to-business platform will use the funds to boost construction of bricks-and-mortar outlets covering 200 cities nationwide from mid-June, as well as to develop supply chain finance and set up a CNY10 billion credit extension with several banks. The company will also set up a logistics system in cities where restrictions on moving second-hand cars have been lifted so as to make the cross-regional distribution of cars more efficient, Huang added. Editor: William Clegg
Chezhibao Frequently Asked Questions (FAQ)
When was Chezhibao founded?
Chezhibao was founded in 2010.
Where is Chezhibao's headquarters?
Chezhibao's headquarters is located at No. 86, Huashen Avenue, Nanjing.
What is Chezhibao's latest funding round?
Chezhibao's latest funding round is Debt.
How much did Chezhibao raise?
Chezhibao raised a total of $387.83M.
Who are the investors of Chezhibao?
Investors of Chezhibao include Bank of Nanjing, Gobi Partners, Addor Capital, PAG, Green Harbor Investment and 8 more.
Who are Chezhibao's competitors?
Competitors of Chezhibao include Chehaoduo and 5 more.
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Compare Chezhibao to Competitors
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.
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.
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.
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.
RenRenChe is a company that operates in the used car trading market. The company's main services include providing a platform for the buying and selling of used cars, as well as offering used car valuation and consultation services. The company primarily serves the automotive industry. It is based in Beijing, Beijing.
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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