About Like Chuxing
Like Chuxing is a company based in Guangzhou (China) founded in 2017. It operates as a B2C. Like Chuxing has raised $20 million across 2 funding rounds from investors including Ant Group, Legend Capital and K2VC. Like Chuxing operates in a competitive market with competitors including eHi Car Services, Zuche, Gofun, Izuche and Reocar, among others.
- Headquarter Guangzhou, China
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Sectors
Transportation, Automotive & Logistics
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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
$20 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Ant Group
& 4 more
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Employee Count
Employee Count
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Funding Insights of Like Chuxing
Like Chuxing has successfully raised a total of $20M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(23 Apr 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series B - Like Chuxing | Valuation | Ant Group | |
| Apr, 2018 | Amount | Series A - Like Chuxing | Valuation | K2VC |
| 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 Like Chuxing
Like Chuxing has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Ant Group, Legend Capital and K2VC. 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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Early-stage VC investments in Chinese tech startups are focused on.
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Founded Year | Domain | Location | |
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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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 Like Chuxing
| 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 - Like Chuxing
| 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 |
Like Chuxing Comparisons
Competitors of Like Chuxing
Like Chuxing 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, Gofun, Izuche and Reocar, 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.
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| domain | founded_year | HQ Location |
Online car rental platform
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| domain | founded_year | HQ Location |
Self-drive car rentals are enabled via an online booking platform.
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| domain | founded_year | HQ Location |
Online platform for renting self-drive cars
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| domain | founded_year | HQ Location |
Provides reliable car rental services to customers.
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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 Like Chuxing
When was Like Chuxing founded?
Like Chuxing was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Like Chuxing located?
Like Chuxing is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Is Like Chuxing a funded company?
Like Chuxing is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Apr 23, 2018.
What does Like Chuxing do?
Like Chuxing, founded in 2017 in Guangzhou, China, focuses on providing transportation services, mobility services, car rental, and app-based platforms. Operates an app for station-based car rental services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Like Chuxing?
Like Chuxing's top competitors include Zuche, eHi Car Services and Gofun.
Who are Like Chuxing's investors?
Like Chuxing has 5 investors. Key investors include Ant Group, Legend Capital, K2VC, BlueRun Ventures, and YIMEI Capital.