About Tuhu
Tuhu is a company based in Shanghai (China) founded in 2011 by Chen Min. Tuhu has raised $1.16 billion across 10 funding rounds from investors including Tencent, Baidu and Goldman Sachs. The company has 4,490 employees as of December 31, 2024. Tuhu operates in a competitive market with competitors including Tqmall, Qccr, Taoqipei, Beimai and APartsMan, among others.
- Headquarter Shanghai, China
- Employees 4490 as on 31 Dec, 2024
- Founders Chen Min
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
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Social
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- Legal Name Tuhu Car Inc. Class A
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Annual Revenue
$2.06 B (USD)6.47as on Dec 31, 2024
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Net Profit
$67.54 M (USD)-92.92as on Dec 31, 2024
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EBITDA
$80.16 M (USD)38.77as on Dec 31, 2024
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Total Equity Funding
$1.16 B (USD)
in 10 rounds
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Latest Funding Round
$400 M (USD), Series E
Nov 13, 2019
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Investors
Tencent
& 16 more
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Employee Count
4490
as on Dec 31, 2024
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IPO & Listings of Tuhu
Tuhu is a publicly listed company on the HKEX with ticker symbol 9690 in Hong Kong, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Tuhu
Tuhu has successfully raised a total of $1.16B across 10 strategic funding rounds. The most recent funding activity was a Series E round of $400 million completed in November 2019. 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 Tuhu
Tuhu has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Baidu and Goldman Sachs.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Sequoia Capital is engaged in venture capital investments.
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Venture capital investments are directed toward multiple sectors.
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Investor details for Tuhu
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Investments & Acquisitions by Tuhu
Investment portfolio details for Tuhu
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Financial Statements - Tuhu
Detailed financials for Tuhu
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Tuhu Comparisons
Peer comparison for Tuhu
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Competitors of Tuhu
Tuhu 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 Tqmall, Qccr, Taoqipei, Beimai and APartsMan, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Automotive spare parts are retailed online by Tqmall.
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Online marketplace platform to buy auto spare parts
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E-commerce platform for after-sales car parts and spares
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Online retailer of auto components & parts
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Specializes in vehicle dismantling and reselling automotive parts.
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Detailed competitors of Tuhu
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Latest news on Tuhu
Complete news archive for Tuhu
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Frequently Asked Questions about Tuhu
Tuhu was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Tuhu is headquartered in Shanghai, China.
Chen Min is the current CEO of Tuhu. They have also founded this company.
Tuhu is a funded company, having raised a total of $1.16B across 10 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Tuhu is 4,490.
Annual revenue of Tuhu is $2.06B as on Dec 31, 2024.
Tuhu was founded in 2011 in Shanghai, China, within the automotive e-commerce sector. An online marketplace is operated for auto spare parts, where purchases are facilitated by user inputs such as location, personal details, and payment information. Vehicle services, including check-ups and oil changes, are bookable on the platform. Operations focus on the Chinese market, supporting automotive maintenance needs.
Yes, Tuhu is publicly traded on HKEX under the ticker symbol 9690.
Tuhu has 17 investors. Key investors include Tencent, Baidu, Goldman Sachs, CICC, and The Carlyle Group.
The ticker symbol of Tuhu is 9690 on HKEX.
The valuation of Tuhu is $1.1B as of Nov 2019.