About Souche
Souche is a company based in Hangzhou (China) founded in 2012 by Yao Junhong. Souche has raised $1.21 billion across 6 funding rounds from investors including Alibaba Group, Ant Group and CreditEase. Souche has completed 1 acquisition, including Cheyipai. Souche operates in a competitive market with competitors including Carro, Guazi, Autohome, Uxin and RenRenChe, among others.
- Headquarter Hangzhou, China
- Founders Yao Junhong
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$1.21 B (USD)
in 6 rounds
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Latest Funding Round
$578 M (USD), Series F
Sep 03, 2018
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Investors
Alibaba Group
& 19 more
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Employee Count
Not available
- Investments & Acquisitions
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Funding Insights of Souche
Souche has successfully raised a total of $1.21B across 6 strategic funding rounds. The most recent funding activity was a Series F round of $578 million completed in September 2018. 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 Souche
Souche has secured backing from 20 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba Group, Ant Group and CreditEase.
| Investor | Description | Founded Year | Domain | Location |
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Multi-stage private equity investments are pursued across diverse sectors.
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Private equity investments in China are managed by Primavera.
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Private equity firm focused on multiple sectors
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Investor details for Souche
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Souche
Souche has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cheyipai.
Investment portfolio details for Souche
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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B2B used car trading platform
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Locked | Locked | 2006 | Locked |
Complete acquisition details for Souche
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Souche
Detailed financials for Souche
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Souche Comparisons
Peer comparison for Souche
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Souche
Souche 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, Autohome, Uxin and RenRenChe, 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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Automotive website providing the car related information
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Used cars are auctioned online through a B2C platform.
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Used car transactions are facilitated through an online P2P platform.
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Detailed competitors of Souche
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Souche
Complete news archive for Souche
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Frequently Asked Questions about Souche
Souche was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Souche is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Yao Junhong is the current CEO of Souche. They have also founded this company.
Souche is a funded company, having raised a total of $1.21B across 6 funding rounds to date.
Souche was founded in 2012 in Hangzhou, China, as an O2O platform for used car transactions. Vehicles are listed according to buyer criteria like price range and model, with detailed information provided. Professional examinations are conducted, and cars can be viewed at consignment facilities. Online bargaining is supported between buyers and sellers to finalize deals, alongside after-sale services in the automotive sector.
Souche has made 1 acquisition, including Cheyipai.
Souche has 20 investors. Key investors include Alibaba Group, Ant Group, CreditEase, Zuche, and Warburg Pincus.