Bitauto

Beijing, China Founded: 2000 • Age: 26 yrs Listed Acquired By Tencent
Auto-related information is provided via an online platform.

About Bitauto

Bitauto is a Transportation, Automotive & Logistics company based in Beijing (China) founded in 2000, and was acquired by Tencent in September 2019. Auto-related information is provided via an online platform. It operates in the Transportation, Automotive & Logistics, Business Services, and Media & Entertainment sectors. Bitauto has raised $14.83 million across 10 funding rounds from investors including Tencent, Baidu and JD.com. Its chief executive, as recorded, is Andy Zhang. Its website bitauto.com draws about 557 thousand monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Content Platform and Internet First Media.

Company details

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.

Key Metrics
  • Total Equity Funding
    $14.83M (USD)

    in 10 rounds

  • Latest Funding Round
    $550M (USD), Post-IPO

    Aug 2016

  • Investors
    Tencent

    & 8 more

  • Acquired by
    Tencent

    (Sep 2019)

Apps and channels of Bitauto

its YouTube channel BITAUTO has 424 subscribers and 21 videos.

BITAUTO
YouTube 424 subscribers 21 videos Autos & Vehicles
Open channel

Videos from Bitauto

The most watched videos on Bitauto's YouTube channel, BITAUTO (424 subscribers). Click a video to play it here.

Let’s compare two standout choices: the BYD Song Plus and the Deepal S07!
4.8K views
XPeng's humanoid robot makes coffee by itself ☕🤖
1.2K views
Smart #1 vs. BYD Yuan UP
1.2K views
It gives people a strong sense of the movie Interstellar.
489 views

More on BITAUTO .

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 $14.83M
  • Total Rounds 10
  • Last Round Post-IPO β€” $550M
  • First Round $1.3M

    (Mar 2006)

  • Investors Count 8

All 10 funding rounds of Bitauto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2016$550MPost-IPO––
Jun 2016$300MPost-IPO––
Sep 2012$15MPost-IPO––
Jul 2009$1.2MSeries D–Bertelsmann Asia Investments
–
Jul 2009Series D––
Nov 2007$1.4MSeries C––
Oct 2007$1.36MSeries C––
Aug 2006$4.16MSeries B––
Aug 2006$5.41MSeries B––
Mar 2006$1.3MSeries A––
Valuation history

9 investors in total: 9 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
dcm.com
hihl.com.sg
legendcapital.com.cn
baifund.com
authosis.com
tencent.com
baidu.com
jd.com
A platform for AI and machine learning operations is offered.
hammer-capital.com
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Investor details for Bitauto

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Bitauto

2 people are tracked at Bitauto (2 in leadership).

NameRoleGroup
Andy Zhang
CEOLeadership
Andy Xuan Zhang
Ex-CEO & DirectorLeadership
Premium access

Complete people profiles for Bitauto

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Bitauto

5 dated milestones of Bitauto across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bitauto is founded.
  2. Funding First funding round of $1.3M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $550.0M.
  5. Exit Acquired by Tencent.

Web traffic of Bitauto

The website of Bitauto (bitauto.com) receives about 556.6K visits a month and ranks #87,065 among all websites worldwide, #1,736 in Vehicles.

  • Monthly visits
    556.6K

    ▼ 13.9% vs previous month

  • Unique visitors
    308.7K

    per month

  • Global rank
    #87,065

    among all websites

  • Category rank
    #1,736

    Vehicles · Vehicles

Similar websites

Websites whose visitors overlap most with Bitauto. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
autohome.com.cn
100%
17M#1,465View details
pcauto.com.cn
98%
#27,558View details
yiche.com
92%
1.9M#25,018View details
che168.com
che168.com
86%
#23,285–
auto.sina.com.cn
auto.sina.com.cn
84%
#119,143–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Bitauto

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Bitauto

BitAuto finalizes merger, goes private
Aimgroup β€’ 6 years ago
Bitauto Q2 2020: Revenue down, losses up
Aimgroup β€’ 6 years ago
BitAuto posts massive losses in 2019
Aimgroup β€’ 6 years ago
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Complete news archive for Bitauto

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Bitauto

Bitauto was founded in 2000 and raised its 1st funding round 6 years after it was founded.

Bitauto is headquartered in Beijing, China.

Andy Zhang is the CEO of Bitauto, as recorded in our data.

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 Series A of $1.3M, raised on Mar 2006.

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.

Bitauto has 9 investors. Key investors include Tencent, Baidu, JD.com, DCM, and Hotung Investment Holdings.

Yes. Bitauto was acquired by Tencent in September 2019.

The website of Bitauto receives about 557 thousand visits a month and ranks #87,065 among all websites worldwide.

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