About Bitauto
Bitauto is a company based in Beijing (China) founded in 2000 was acquired by Tencent in September 2019.. Bitauto has raised $14.83 million across 10 funding rounds from investors including Tencent, Baidu and JD.com. Bitauto operates in a competitive market with competitors including S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, among others.
- Headquarter Beijing, China
- Stage Public
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Sectors
Transportation, Automotive & LogisticsBusiness Services Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Bitauto
Bitauto has successfully raised a total of $14.83M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $550 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Post-IPO — $550.0M
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First Round
First Round
(09 Mar 2006)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2016 | Amount | Post-IPO - Bitauto | Valuation |
investors |
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| Jun, 2016 | Amount | Post-IPO - Bitauto | Valuation |
investors |
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| Sep, 2012 | Amount | Post-IPO - Bitauto | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bitauto
Bitauto has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Baidu and JD.com. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bitauto
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bitauto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitauto Comparisons
Competitors of Bitauto
Bitauto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Digital advertising and content marketing services are provided globally.
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Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Digital marketing, advertising, and IT services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bitauto
Frequently Asked Questions about Bitauto
When was Bitauto founded?
Bitauto was founded in 2000 and raised its 1st funding round 6 years after it was founded.
Where is Bitauto located?
Bitauto is headquartered in Beijing, China.
Who is the current CEO of Bitauto?
Andy Zhang is the current CEO of Bitauto.
Is Bitauto a funded company?
Bitauto is a funded company, having raised a total of $14.83M across 10 funding rounds to date. The company's 1st funding round was a Post-IPO of $15M, raised on Mar 09, 2006.
What does Bitauto do?
Bitauto was founded in 2000 and is headquartered in Beijing, China. Operations are centered in the automotive sector, where an online platform is maintained to deliver information on vehicles, including models, pricing, and reviews. Services encompass digital resources for consumers and industry stakeholders, with a focus on the Chinese market. Leadership includes Andy Zhang as CEO and Andy Xuan Zhang as former CEO and director.
Who are the top competitors of Bitauto?
Bitauto's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
Who are Bitauto's investors?
Bitauto has 9 investors. Key investors include Tencent, Baidu, JD.com, DCM, and Hotung Investment Holdings.
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