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
- SectorsTransportation, Automotive & Logistics
- Website renrenche.com/bj/car.shtml
- Social LinkedIn
- Total Equity Funding$760M (USD)
in 7 rounds
- InvestorsDidi
& 8 more
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.
- Total Funding $760M
- Total Rounds 7
- First Round $5M
(Apr 2014)
- Investors Count 9
All 7 funding rounds of RenRenChe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | – | Series F | – | – | – |
| Apr 2018 | $300M | Series E | – | Goldman Sachs | |
| Sep 2017 | $200M | Series D | – | Didi | – |
| Sep 2016 | $150M | Series D | – | – | |
| Aug 2015 | $85M | Series C | – | – | |
| Dec 2014 | $20M | Series B | – | – | |
| Apr 2014 | $5M | Series A | – | – |
9 investors in total: 9 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Global investments are managed in new energy and asset sectors. | – | cm-inv.com | Shanghai, China | |
- | – | hanfor.cn | - | |
Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors | – | shunwei.com | Beijing, China | |
Early-stage tech investments in China are managed by Ceyuan Ventures. | – | ceyuan.com | Hong Kong, China | |
TMT focused VC firm for early-stage startups | – | rpvchina.com | Beijing, China | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
An AI-enabled platform is operated for ride-hailing and on-demand services. | 2012 | didiglobal.com | Haidian, China | |
Prometheus Capital is engaged in advisory and investment banking services. | 2006 | prometheuscapital.com | Chicago, United States |
Investor details for RenRenChe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of RenRenChe
3 dated milestones of RenRenChe across 4 years, from founding to its latest funding, stage changes and deals.
- Founded RenRenChe is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series F,.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carro.co | 2015 | Singapore | $685.9M | 1,000 | Full-stack marketplace services for car ownership are provided. | |
| guazi.com | 2014 | Beijing, China | $4.82B | – | Online P2P marketplace for used cars | |
| souche.com | 2012 | Hangzhou, China | $1.21B | – | O2O-based used car transaction platform | |
| autohome.com.cn | 2005 | Beijing, China | – | – | Automotive website providing the car related information | |
| xin.com | 2011 | Shenzhen, China | $500M | – | Used cars are auctioned online through a B2C platform. | |
| dasouche.com | 2012 | Hangzhou, China | $578M | – | SaaS-driven dealership management solutions for automotive dealerships | |
| kaixin.com | 2015 | Chaoyang, China | – | – | Luxury used cars and imported new vehicles are retailed online. | |
| tuanche.com | 2009 | Beijing, China | – | – | Second-hand automobiles are purchased via an online portal. | |
| mychebao.com | 2012 | Nanjing, China | $160M | – | Online dealer of used cars |
Detailed competitors of RenRenChe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of RenRenChe
The website of RenRenChe (renrenche.com) receives about 14.2K visits a month.
- Monthly visits14.2K
▼ 42.2% vs previous month
Websites whose visitors overlap most with RenRenChe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
che168.com | che168.com | 100% | – | #23,285 | – |
| guazi.com | 98% | 1.1M | #43,704 | View details | |
akd.cn | akd.cn | 89% | – | #276,029 | – |
| iautos.cn | 87% | 114.8K | #289,279 | View details | |
| autohome.com.cn | 84% | 17M | #1,465 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for RenRenChe
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Renrenche
Complete news archive for RenRenChe
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to RenRenChe
10 companies that operate in the same segment as RenRenChe (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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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. The company's 1st funding round was a Series A of $5M, raised on Apr 2014.
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.