About Kuaidi Dache
Kuaidi Dache is a company based in Hangzhou (China) founded in 2012.. Kuaidi Dache has raised $977 million across 6 funding rounds from investors including Weibo, Alibaba Group and eHi Car Services. Kuaidi Dache operates in a competitive market with competitors including Didi, UCAR, Didachuxing, T3 Travel and Shouqi Limousine & Chauffeur, among others.
- Headquarter Hangzhou, China
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$977 M (USD)
in 6 rounds
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Latest Funding Round
$142 M (USD), Series D
May 27, 2015
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Investors
Weibo
& 3 more
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Employee Count
Employee Count
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Funding Insights of Kuaidi Dache
Kuaidi Dache has successfully raised a total of $977M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $142 million completed in May 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 6
- Last Round Series D — $142.0M
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First Round
First Round
(01 Apr 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series D - Kuaidi Dache | Valuation |
investors |
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| Jan, 2015 | Amount | Series D - Kuaidi Dache | Valuation | Alibaba Group , SoftBank Capital |
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| Oct, 2014 | Amount | Series C - Kuaidi Dache | Valuation |
investors |
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| 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 Kuaidi Dache
Kuaidi Dache has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Weibo, Alibaba Group and eHi Car Services. 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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Micro-blogging platform for real-time updates and multimedia sharing is operated.
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Founded Year | Domain | Location | |
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Conglomerate group operating a portfolio of businesses
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Founded Year | Domain | Location | |
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PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors
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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 Kuaidi Dache
| 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 - Kuaidi Dache
| 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 |
Kuaidi Dache Comparisons
Competitors of Kuaidi Dache
Kuaidi Dache 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 Didi, UCAR, Didachuxing, T3 Travel and Shouqi Limousine & Chauffeur, 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 |
An AI-enabled platform is operated for ride-hailing and on-demand services.
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| domain | founded_year | HQ Location |
Cab services are booked via an online platform across China.
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| domain | founded_year | HQ Location |
Taxi booking services are facilitated via a mobile app platform.
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an AI-enabled platform.
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| domain | founded_year | HQ Location |
High-end app-based car hailing services are provided in China.
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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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Latest news on Kuaidi Dache
Frequently Asked Questions about Kuaidi Dache
When was Kuaidi Dache founded?
Kuaidi Dache was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Kuaidi Dache located?
Kuaidi Dache is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Is Kuaidi Dache a funded company?
Kuaidi Dache is a funded company, having raised a total of $977M across 6 funding rounds to date. The company's 1st funding round was a Series C of $100M, raised on Apr 01, 2013.
What does Kuaidi Dache do?
Kuaidi Dache, backed by Alibaba.com, is a Chinese taxi-hailing app (iPhone and Android) with a tipping function, allowing passengers to give drivers an extra 5 to 20 yuan. Customers can bid a price they are willing to pay the drivers. Launched in September 2012, the app currently has nearly 5M registered users, including 200k taxi drivers. According to its latest Quarterly report, by Mar 31, 2014, Kuaidi Taxi had covered 261 cities including all the provincial capitals, with 650 QoQ growth rate. The number of daily transaction reached 6.23 million, 20.7 times of one year ago. The company got merged with Didi Dache and the merged entity is been renamed to Didi Chuxing.
Who are the top competitors of Kuaidi Dache?
Kuaidi Dache's top competitors include Didi, Didachuxing and UCAR.
Who are Kuaidi Dache's investors?
Kuaidi Dache has 4 investors. Key investors include Weibo, Alibaba Group, eHi Car Services, and SoftBank.
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