Huizuche

Shanghai, China Founded: 2014 • Age: 12 yrs Acquired By Klook
Online car rentals are provided for Chinese outbound travelers.
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About Huizuche

Huizuche is a company based in Shanghai (China) founded in 2014 by Liu Yi, Huang Yiming, and Wang Feng was acquired by Klook in April 2020.. Huizuche has raised $40 million across 3 funding rounds from investors including Klook, H&Q Asia Pacific and Venture-shares.com. Huizuche operates in a competitive market with competitors including eHi Car Services, Zuche, ZuzuChe, Yidao Yongche and Atzuche, among others.

  • Headquarter Shanghai, China
  • Founders Liu Yi, Huang Yiming, Wang Feng
  • Sectors
    Travel & Hospitality
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $40 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jun 15, 2016

  • Investors
    Klook

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Klook

    (Apr 02, 2020)

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Funding Insights of Huizuche

Huizuche has successfully raised a total of $40M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in June 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 Rounds 3
  • Last Round Series B — $30.0M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Series B - Huizuche Valuation

investors

Aug, 2015 Amount Series A - Huizuche Valuation

investors

Sep, 2014 Amount Angel Round - Huizuche Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Huizuche

Huizuche has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Klook, H&Q Asia Pacific and Venture-shares.com. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are targeted via private equity by H&Q Asia Pacific.
Founded Year Domain Location
-
Founded Year Domain Location
Provider of early stage venture capital focused on technology companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Huizuche

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Huizuche

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Huizuche Comparisons

Employees
+
Add Comparison
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Competitors of Huizuche

Huizuche 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 eHi Car Services, Zuche, ZuzuChe, Yidao Yongche and Atzuche, 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 car rentals are offered to retail and corporate clients.
domain founded_year HQ Location
Online car rental platform
domain founded_year HQ Location
Online B2C car rentals are aggregated with booking services provided.
domain founded_year HQ Location
Online P2P ride-hailing services are aggregated for bookings.
domain founded_year HQ Location
Peer-to-peer car rentals are enabled between owners and screened users.
domain founded_year HQ Location
Self-drive car rentals are enabled via an online booking platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Huizuche

Frequently Asked Questions about Huizuche

When was Huizuche founded?

Huizuche was founded in 2014.

Where is Huizuche located?

Huizuche is headquartered in Shanghai, China.

Who is the current CEO of Huizuche?

Huang Yiming is the current CEO of Huizuche. They have also founded this company.

Is Huizuche a funded company?

Huizuche is a funded company, having raised a total of $40M across 3 funding rounds to date.

What does Huizuche do?

Huizuche was founded in 2014 in Shanghai, China, operating as an online car rental platform. Services are directed toward Chinese travelers visiting international destinations. Coverage extends to multiple cities and stores in key tourist areas across Europe, Asia, and the USA. The platform is co-founded by Liu Yi, Huang Yiming as CEO, and Wang Feng, focusing on outbound travel needs.

Who are the top competitors of Huizuche?

Huizuche's top competitors include Zuche, eHi Car Services and ZuzuChe.

Who are Huizuche's investors?

Huizuche has 5 investors. Key investors include Klook, H&Q Asia Pacific, Venture-shares.com, NLVC, and Decent Capital.

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