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Chehaoduo operates prominent online automotive platforms, including Guazi, a leading used-car trading service, and Maodou, a new car e-commerce platform. It facilitates direct transactions between individual car sellers and buyers for pre-owned vehicles. The company leverages its digital marketplace to streamline trading, aiming for market efficiency and transparency.
Founded in July 2015 by Yang Haoyong in Beijing, Chehaoduo emerged from an insight to disrupt traditional car sales models. Yang's vision centered on empowering individuals to trade vehicles directly, more efficiently and securely, by circumventing intermediaries and addressing industry pain points.
Chehaoduo serves individual car buyers and sellers across China, providing a trusted platform for automotive transactions. The company endeavors to make high-quality used cars more accessible, while actively expanding into the new car segment. Its long-term vision is to establish the premier automotive trading ecosystem, enhancing the car ownership experience.
Chehaoduo has raised $2.3B across 5 funding rounds.
Chehaoduo has raised $2.3B in total across 5 funding rounds.
Chehaoduo is valued at approximately $100.0M.
Chehaoduo operates prominent online automotive platforms, including Guazi, a leading used-car trading service, and Maodou, a new car e-commerce platform. It facilitates direct transactions between individual car sellers and buyers for pre-owned vehicles. The company leverages its digital marketplace to streamline trading, aiming for market efficiency and transparency.
Founded in July 2015 by Yang Haoyong in Beijing, Chehaoduo emerged from an insight to disrupt traditional car sales models. Yang's vision centered on empowering individuals to trade vehicles directly, more efficiently and securely, by circumventing intermediaries and addressing industry pain points.
Chehaoduo serves individual car buyers and sellers across China, providing a trusted platform for automotive transactions. The company endeavors to make high-quality used cars more accessible, while actively expanding into the new car segment. Its long-term vision is to establish the premier automotive trading ecosystem, enhancing the car ownership experience.
Chehaoduo has raised $2.3B in total across 5 funding rounds.
Chehaoduo is valued at approximately $100.0M.
Chehaoduo's investors include SoftBank, Eric Chen, Beijing Jingxi Guigu Innovation Investment, BRV Aster Fund, Dragoneer Investment Group, HCapital, Hongshan Capital Group (Sequoia Capital China), Matrix Partners China, New Trend Equity Investment Fund Partnership, Fengyun Angel Fund, Light Capital Group, Noviqi Investment.
Chehaoduo has raised $2.3B across 5 funding rounds. Most recently, it raised Chehaoduo Valuation 2021-07-01 in July 2021 at a valuation of approximately $100.0M.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | Chehaoduo Valuation 2021-07-01 | SoftBank, Eric Chen | |
| Feb 28, 2019 | $1.5B Other Equity | Eric Chen | |
| Nov 1, 2017 | $180.0M Series B | ||
| Jun 16, 2017 | $400.0M Series B | Beijing Jingxi Guigu Innovation Investment, BRV Aster Fund, Dragoneer Investment Group, HCapital, Hongshan Capital Group (Sequoia Capital China), Matrix Partners China, New Trend Equity Investment Fund Partnership | |
| Mar 31, 2016 | $204.5M Other Equity | Fengyun Angel Fund, Light Capital Group, Noviqi Investment, Sequoia Capital, Shanxing Capital |