About Fairlubo
Fairlubo is a company based in Beijing (China) founded in 2011 was acquired by Bochewang in January 2020. Fairlubo has raised $45 million across 1 funding round from investors including Uxin, Bochewang and Legend Capital. Fairlubo 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 & LogisticsRetail
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Funding Insights of Fairlubo
Fairlubo has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Series A round of $45 million completed in February 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 Fairlubo
Fairlubo has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Uxin, Bochewang and Legend Capital.
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Venture Capital firm focused on multiple sectors
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Used cars are auctioned online through a B2C platform.
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Web platform for auction of second hand restored cars
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Investor details for Fairlubo
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Investments & Acquisitions by Fairlubo
Investment portfolio details for Fairlubo
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Financial Statements - Fairlubo
Detailed financials for Fairlubo
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Fairlubo Comparisons
Peer comparison for Fairlubo
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Competitors of Fairlubo
Fairlubo 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.
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Full-stack marketplace services for car ownership are provided.
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O2O-based used car transaction platform
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Used cars are auctioned online through a B2C platform.
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SaaS-driven dealership management solutions for automotive dealerships
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B2B used car trading platform
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Web platform for auction of second hand restored cars
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Detailed competitors of Fairlubo
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Latest news on Fairlubo
Complete news archive for Fairlubo
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Frequently Asked Questions about Fairlubo
Fairlubo was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Fairlubo is headquartered in Beijing, China.
Fairlubo is a funded company, having raised a total of $45M across 1 funding round to date.
Fairlubo was established in 2011 in Beijing, China, within the automotive sector. A membership-based auction platform is provided for dealers to acquire highly damaged vehicles from insurance inventories. Such auctions facilitate the disposal of surplus cars, reducing associated storage and maintenance costs. Premium vehicles are commonly featured in the auctions. Investment of 45 million was obtained from Legend Capital to support operations.
Fairlubo has 3 investors. Key investors include Uxin, Bochewang, and Legend Capital.