Best Auto Retail & Aftersales Companies in Beijing, China

Online dealer of new cars. It is an integrated service platform for car purchase in installments. It provides new car sales, auto services, car rental services, and automotive finance. The company collaborates with various automotive brands and helps users in the car purchasing process, offers low down payments and provides services like simplified credit approval processes and quick car delivery.

Guazi is an online P2P marketplace for used cars. Their company inspects a car on various parameters & also offers a limited period warranty. Users can return the car if they are not satisfied with its performance. Buyers can find the cars they are interested in & can make an online booking via the platform.

Funding rounds

• Jun 2021Series E$300M
• May 2020Series E$200M
• Feb 2019Series E$1.5B
• Oct 2018Series D$162M

Founders & team

Mark YangCEO & Chairman

Investors

SoftBank Vision Fund, HongShan, IDG Capital, Capital Today, BOC Investment, Matrix Partners China

Tech stack

BabelBaidu Analytics (百度统计)Core-JsEnvoyFacebook PixelGoogle Analytics

Provider of charging station services

Funding rounds

• Jan 2022Series E—
• Dec 2021Series E—
• Aug 2021Series E$308M
• Mar 2021Series D$200M

Founders & team

Wang YangCo-Founder & CEOSun WeilinCo-FounderDai ZhenFounder

Investors

Green Climate Fund, CICC, Asian Development Bank, Contemporary Amperex Technology, China Shandong Hi-Speed Financial Group, Bain Capital

Tech stack

Alibaba Cloud CdnBaidu Analytics (百度统计)JqueryPhpSwiper

RenRenChe is a P2P used car online transaction services website. Sellers put a request on the site and their vehicle is examined, checked for quality by in-house professionals and the best price is advised. Service for sellers is free. Buyers are charged for value added services like condition testing as well as a service fee which is 3% of the purchase price amount to a maximum of 8000 yuan. Since its initial launch, RenRenChe claims that it has been able to facilitate more than 200,000 used car transactions. In July 2015, the company said that it was able to complete 18,000 transactions. RenRenChe entered a partnership agreement with Taunchewang. The partnership would allow RenRenChe to create 1,000 offline automobile service centres to make its service available to the broader public, not just the online community. RenRenChe is also cooperating with Weizhong Bank, and PingAn Bank to facilitate auto loans for its users.

Auto retailer of luxury used cars and imported new cars. The company sells used vehicles and related products and services through an online platform. It sells cars from luxury brands such as Audi, BMW, Mercedes-Benz, Land Rover, and Porsche.

Funding rounds

• Jan 2022Post IPO$2M
• Apr 2021Post IPO$6M
• Jan 2021Post IPO$3M

Founders & team

Chen JiCEO

Investors

Renren, ATW Partners

Cheyipai is an online B2B used car trading platform. used car auction platform. Offers a SaaS-based ecosystem that encompasses used car inspection, valuation, auction system, and logistics services. Also provides multiple financial & operational tools enabling dealers to manage their stores. Makes profits from trading commissions, advertising and information service fee, logistics service fee, assessment etc. In April 2018, Cheyipai was acquired by Souche, an Alibaba-backed car trading company.

Mljr is a consumer financial services company. They currently finances the borrower side, to buy a used car, electronic products on a monthly installment services. CEO claims that the borrower's true purpose is known and the customer at the scene is actually provided a commodity rather than cash is an accurate model. It has raised series B round of funding. Team comprises of Co-founder of Yooli.com, a P2P lending platform. As of Apr 2016, it has covered 170 cities in 27 provinces and has about 30000 users with a cumulative loan amount over $363M

Lion Bridge provides an online marketplace for financed commercial leasing. The platform connects financial institutions, commercial vehicle dealers and enterprises to avail financed commercial vehicle leasing services. Enterprises can connect with dealers to lease new/used commercial vehicles. Additionally, they can also connect with financial institutions to avail financing for the same. Furthermore, the company also offers SaaS tools for enterprises to manage vehicles and other operations.

Duanrong is an online platform for consumer P2P loans. Most of the loans are for purchasing automobiles, although they have also introduced lending on mortgages, personal loans and small business loans. Claims to offer ~8% return on investments. Claims that its valuation is $150Mpost-money after Series B funding.

AutoCloud Pro is an online platform offering sales & distribution of auto parts & accessories. It started as a vehicle damage assessment platform and later pivoted to become big data & supply chain platform and B2B marketplace for automotive supplies. The platform lets car repair shops search, compare, and purchase auto parts by typing in a vehicle’s identification number (VIN). The company also aims to open brick-and-mortar shops across China.

Funding rounds

• Sep 2019Series C—
• 2018Series C$72.7M
• Series B—

Founders & team

Wang Qun LeCEO

Investors

Star Ventures, Shoutai Jinxin (Beijing) Equity Investment Fund Management, Matrix Partners China, Fenghou Capital, UCAR, Centurium Capital

Online B2B trading & vehicle circulation platform. Its automotive e-commerce platform provides car wholesale, marketing, financing, insurance, and after-sale services for car makers & dealers. The business system covers the entire industry chain of new cars, used cars, auto finance, auto insurance, and automotive aftermarket.

Funding rounds

• Mar 2018Series A$79M

Founders & team

Sophora JaponicaCo-FounderShao JingningCEO

Investors

Zhiyi Capital, Anda Capital Group, Rose Holding

Che300 is an online used car evaluation and price estimation platform. It's a 3rd party service provider. Offers these services for both corporates and consumers. The company has also started selling second-hand cars to users and is also offering auto loans to its customers.