About Chezhency
Chezhency is a company based in Shenzhen (China) founded in 2015 by Zhang Lei.. Chezhency has raised $19.54 million across 2 funding rounds from investors including Lotus Lake Capital Management, Qifu Capital and CCB International. Chezhency operates in a competitive market with competitors including Cheyipai, Bochewang, Tiantian Paiche, Maihaoche and Youxinpai, among others.
- Headquarter Shenzhen, China
- Founders Zhang Lei
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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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
$19.54 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Feb 02, 2018
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Investors
Lotus Lake Capital Management
& 2 more
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Employee Count
Employee Count
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Funding Insights of Chezhency
Chezhency has successfully raised a total of $19.54M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in February 2018. 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 — $15.0M
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First Round
First Round
(09 Aug 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series B - Chezhency | Valuation | Lotus Lake Capital Management , CCB International | |
| Aug, 2016 | Amount | Series A - Chezhency | 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 Chezhency
Chezhency has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Lotus Lake Capital Management, Qifu Capital and CCB International. 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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Venture capital investments are managed by Qifu Capital.
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Founded Year | Domain | Location | |
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CCB International is engaged in investment banking and financial services.
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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 Chezhency
| 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 - Chezhency
| 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 |
Chezhency Comparisons
Competitors of Chezhency
Chezhency 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 Cheyipai, Bochewang, Tiantian Paiche, Maihaoche and Youxinpai, 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 |
B2B used car trading platform
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| domain | founded_year | HQ Location |
Web platform for auction of second hand restored cars
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| domain | founded_year | HQ Location |
Online C2B used car auction platform
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| domain | founded_year | HQ Location |
Dealer services are offered through an online B2B automotive platform.
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| domain | founded_year | HQ Location |
Second-hand car auctions are enabled via an online B2B platform.
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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 Chezhency
When was Chezhency founded?
Chezhency was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Chezhency located?
Chezhency is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Who is the current CEO of Chezhency?
Zhang Lei is the current CEO of Chezhency. They have also founded this company.
Is Chezhency a funded company?
Chezhency is a funded company, having raised a total of $19.54M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.54M, raised on Aug 09, 2016.
What does Chezhency do?
Chezhency was founded in 2015 in Shenzhen, China, within the automotive sector. An online B2B platform is operated for trading used cars, where small dealers sell vehicles to high-volume trading dealers and vice versa. Additional services are provided, including parallel imports of new premium cars, used car search functionalities, and third-party inspections. Operations focus on facilitating efficient transactions in the second-hand automobile market.
Who are the top competitors of Chezhency?
Who are Chezhency's investors?
Chezhency has 3 investors. Key investors include Lotus Lake Capital Management, Qifu Capital, and CCB International.