About Chefengwang
Chefengwang is a company based in Shanghai (China) founded in 2013.. Chefengwang has raised $90.16 million across 2 funding rounds from investors including Tencent. Chefengwang operates in a competitive market with competitors including Huasheng Haoche, Xiamen Yiche Times Information Technology, Gongxifache, Xiaomagouche and Emao, among others.
- Headquarter Shanghai, China
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90.16 M (USD)
in 2 rounds
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Latest Funding Round
$80.5 M (USD), Series B
Jul 15, 2015
- Investors
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Employee Count
Employee Count
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Funding Insights of Chefengwang
Chefengwang has successfully raised a total of $90.16M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $80.5 million completed in July 2015. 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 2
- Last Round Series B — $80.5M
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First Round
First Round
(08 May 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series B - Chefengwang | Valuation |
investors |
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| May, 2015 | Amount | Series A - Chefengwang | 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 Chefengwang
Chefengwang has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tencent. 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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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Chefengwang
| 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 - Chefengwang
| 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 |
Chefengwang Comparisons
Competitors of Chefengwang
Chefengwang 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 Huasheng Haoche, Xiamen Yiche Times Information Technology, Gongxifache, Xiaomagouche and Emao, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online dealer of new cars
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| domain | founded_year | HQ Location |
New cars are sold through an O2O marketplace platform.
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| domain | founded_year | HQ Location |
Online B2B platform for new cars
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for purchasing cars.
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| domain | founded_year | HQ Location |
Online-to-Offline platform for buying new cars
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Chefengwang
When was Chefengwang founded?
Chefengwang was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Chefengwang located?
Chefengwang is headquartered in Shanghai, China.
Is Chefengwang a funded company?
Chefengwang is a funded company, having raised a total of $90.16M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9.66M, raised on May 08, 2015.
What does Chefengwang do?
Chefengwang was established in 2013 in Shanghai, China, as an automotive eCommerce platform. Authorized dealers are enabled to list and sell new vehicles online. Purchasing processes are facilitated for users across multiple regions, including Beijing, Guangdong, Shandong, Jiangsu, Zhejiang, Hubei, Hunan, and Sichuan. Operations focus on streamlining car acquisitions in the domestic market.
Who are the top competitors of Chefengwang?
Chefengwang's top competitors include Huasheng Haoche, Xiamen Yiche Times Information Technology and Gongxifache.
Who are Chefengwang's investors?
Chefengwang has 1 investor. Key investors include Tencent.