About RenRenChe
RenRenChe is a company based in Beijing (China) founded in 2014. RenRenChe has raised $760 million across 7 funding rounds from investors including Didi, Tencent and Goldman Sachs. RenRenChe operates in a competitive market with competitors including Carro, Guazi, Souche, Autohome and Uxin, among others.
- Headquarter Beijing, China
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$760 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Didi
& 8 more
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Employee Count
Not available
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Funding Insights of RenRenChe
RenRenChe has successfully raised a total of $760M across 7 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.
Investors in RenRenChe
RenRenChe has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Didi, Tencent and Goldman Sachs.
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Investment banking services are delivered across multiple financial sectors.
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Global investments are managed in new energy and asset sectors.
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Investor details for RenRenChe
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Investments & Acquisitions by RenRenChe
Investment portfolio details for RenRenChe
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Financial Statements - RenRenChe
Detailed financials for RenRenChe
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Renrenche Comparisons
Peer comparison for RenRenChe
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Competitors of RenRenChe
RenRenChe 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, Guazi, Souche, Autohome and Uxin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Full-stack marketplace services for car ownership are provided.
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Online P2P marketplace for used cars
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O2O-based used car transaction platform
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Automotive website providing the car related information
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Used cars are auctioned online through a B2C platform.
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Detailed competitors of RenRenChe
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Latest news on Renrenche
Complete news archive for RenRenChe
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Frequently Asked Questions about RenRenChe
RenRenChe was founded in 2014.
RenRenChe is headquartered in Beijing, China.
RenRenChe is a funded company, having raised a total of $760M across 7 funding rounds to date.
RenRenChe is a P2P used car online transaction services website. Sellers put a request on the site and their vehicle is examined, checked for quality by in-house professionals and the best price is advised. Service for sellers is free. Buyers are charged for value added services like condition testing as well as a service fee which is 3 of the purchase price amount to a maximum of 8000 yuan. Since its initial launch, RenRenChe claims that it has been able to facilitate more than 200,000 used car transactions. In July 2015, the company said that it was able to complete 18,000 transactions. RenRenChe entered a partnership agreement with Taunchewang. The partnership would allow RenRenChe to create 1,000 offline automobile service centres to make its service available to the broader public, not just the online community. RenRenChe is also cooperating with Weizhong Bank, and PingAn Bank to facilitate auto loans for its users.
RenRenChe has 9 investors. Key investors include Didi, Tencent, Goldman Sachs, Prometheus Capital, and CMIG.