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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Phone
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Website
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $45.0M
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First Round
First Round
(22 Feb 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series A - Fairlubo | Valuation | Legend Capital |
| 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 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. 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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Venture Capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Used cars are auctioned online through a B2C platform.
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Founded Year | Domain | Location | |
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Web platform for auction of second hand restored cars
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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 Fairlubo
| 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 - Fairlubo
| 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 |
Fairlubo Comparisons
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. 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 |
Full-stack marketplace services for car ownership are provided.
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| domain | founded_year | HQ Location |
O2O-based used car transaction platform
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| domain | founded_year | HQ Location |
Used cars are auctioned online through a B2C platform.
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| domain | founded_year | HQ Location |
SaaS-driven dealership management solutions for automotive dealerships
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| 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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| 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 Fairlubo
When was Fairlubo founded?
Fairlubo was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Fairlubo located?
Fairlubo is headquartered in Beijing, China.
Is Fairlubo a funded company?
Fairlubo is a funded company, having raised a total of $45M across 1 funding round to date. The company's 1st funding round was a Series A of $45M, raised on Feb 22, 2016.
What does Fairlubo do?
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.
Who are Fairlubo's investors?
Fairlubo has 3 investors. Key investors include Uxin, Bochewang, and Legend Capital.