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§ Private Profile · Nanjing, Jiangsu, China
online used car trading platform using an auction system to facilitate buying and selling of pre-owned vehicles for sellers and business buyers.
Chezhibao is an online used car trading platform based in Nanjing, China, that utilizes a digital auction system to facilitate cross-regional pre-owned vehicle transactions. The company operates a consumer-to-business model alongside a dedicated business-to-business platform called Uxin Auction, providing comprehensive services for both individual sellers and commercial buyers. During its initial growth phase, the platform processed approximately 5,000 monthly vehicle transactions across 12 regional markets before initiating plans to expand operations into over 50 cities. To date, the enterprise has secured $387.83 million in total venture capital funding, which includes a notable $50 million Series B financing round and a $10 million Series A round. The company's capitalization table features prominent institutional investors and corporate backers, including Baidu Inc, Tiger Global, Hillhouse Capital, Gobi Partners, and Jeneration Capital. Chezhibao was founded in 2012 by Huang Le.
Chezhibao has raised $125.1M across 1 funding round.
Chezhibao has raised $125.1M in total across 1 funding round.
Chezhibao has raised $125.1M in total across 1 funding round.
Chezhibao's investors include Gobi Partners, PAG, Yida Capital.
Chezhibao has raised $125.1M across 1 funding round. Most recently, it raised $125.1M Series D in June 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 6, 2018 | $125.1M Series D | — | Gobi Partners, PAG, Yida Capital | Announced |