About Bochewang
Bochewang is a company based in Beijing (China) founded in 2014. Bochewang has raised $46.1 million across 2 funding rounds from investors including China Pacific Insurance, Ping An and Far East Horizon. Bochewang has completed 1 acquisition, including Fairlubo. Bochewang operates in a competitive market with competitors including Carro, Souche, Uxin, Automobile industry Internet platform Daxu and Cheyipai, among others.
- Headquarter Beijing, China
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.1 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Jan 22, 2016
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Investors
China Pacific Insurance
& 6 more
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Employee Count
Not available
- Investments & Acquisitions
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Funding Insights of Bochewang
Bochewang has successfully raised a total of $46.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in January 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.
Investors in Bochewang
Bochewang has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include China Pacific Insurance, Ping An and Far East Horizon.
| Investor | Description | Founded Year | Domain | Location |
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Growth stage companies are targeted for private equity investments.
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Locked | Locked | Locked | |
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Corporate-backed venture capital firm focused on retail tech, mobile tech, and multiple sectors
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Early & growth stage centric tech-focused VC firm investing in China and the US
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Locked | Locked | Locked |
Investor details for Bochewang
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Investments & Acquisitions by Bochewang
Bochewang has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fairlubo.
Investment portfolio details for Bochewang
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Accident-damaged cars are auctioned to dealers via membership platform.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Bochewang
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Verified entity values are shown only after access is granted.
Financial Statements - Bochewang
Detailed financials for Bochewang
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Bochewang Comparisons
Peer comparison for Bochewang
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Competitors of Bochewang
Bochewang 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 Carro, Souche, Uxin, Automobile industry Internet platform Daxu and Cheyipai, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Full-stack marketplace services for car ownership are provided.
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O2O-based used car transaction platform
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| Locked | Locked | Locked |
Used cars are auctioned online through a B2C platform.
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| Locked | Locked | Locked |
SaaS-driven dealership management solutions for automotive dealerships
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| Locked | Locked | Locked |
B2B used car trading platform
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Detailed competitors of Bochewang
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Latest news on Bochewang
Complete news archive for Bochewang
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Frequently Asked Questions about Bochewang
Bochewang was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Bochewang is headquartered in Beijing, China.
Bochewang is a funded company, having raised a total of $46.1M across 2 funding rounds to date.
Bochewang was founded in 2014 and is based in Beijing, China. A web platform is provided for auctions of second-hand cars that have been restored, focusing on vehicles damaged in accidents. When repair costs exceed vehicle value, insurance companies direct owners to auction the cars to repair shops. Operations are claimed in 35 cities, with over 10,000 registered repair shops participating.
Bochewang has made 1 acquisition, including Fairlubo.
Bochewang has 7 investors. Key investors include China Pacific Insurance, Ping An, Far East Horizon, FRZ Capital, and NH Fund.