UCAR

Shenzhen, China Founded: 2014 • Age: 12 yrs
Cab services are booked via an online platform across China.
Annual revenue - Latest available
Total funding $1.4B 5 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About UCAR

UCAR is a company based in Shenzhen (China) founded in 2014. UCAR has raised $1.43 billion across 5 funding rounds from investors including Zuche, Warburg Pincus and China People's Property Insurance. UCAR operates in a competitive market with competitors including Didi, Didachuxing, Ruqi Mobility, Kuaidi Dache and T3 Travel, among others.

  • Headquarter Shenzhen, China
  • Stage Public
  • Sectors
    Healthcare
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.43 B (USD)

    in 5 rounds

  • Latest Funding Round
    $382 M (USD), Post-IPO

    Jul 11, 2017

  • Investors
    Zuche

    & 5 more

  • Employee Count
    Not available
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Funding Insights of UCAR

UCAR has successfully raised a total of $1.43B across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $382 million completed in July 2017. 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 UCAR

UCAR has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Zuche, Warburg Pincus and China People's Property Insurance.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed by Yunfeng Capital in China.
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Multi-stage private equity investments are pursued across diverse sectors.
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Venture Capital firm focused on multiple sectors
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Investor details for UCAR

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by UCAR

Investments
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Investment portfolio details for UCAR

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  • Transaction dates
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Financial Statements - UCAR

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Detailed financials for UCAR

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  • Profit trends
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Ucar Comparisons

UCAR Primary company
Description
Cab services are booked via an online platform across China.
Location
Shenzhen, China
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for UCAR

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Competitors of UCAR

UCAR 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 Didi, Didachuxing, Ruqi Mobility, Kuaidi Dache and T3 Travel, among others.

Company Name Domain Founded year HQ Location Description
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An AI-enabled platform is operated for ride-hailing and on-demand services.
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Taxi booking services are facilitated via a mobile app platform.
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AI-based platform providing ride-hailing services with electric fleet
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Taxi-booking App with tipping ability
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Ride-hailing services are facilitated via an AI-enabled platform.
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Detailed competitors of UCAR

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Latest news on Ucar

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Complete news archive for UCAR

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about UCAR

UCAR was founded in 2014 and raised its 1st funding round 1 year after it was founded.

UCAR is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.

UCAR is a funded company, having raised a total of $1.43B across 5 funding rounds to date.

UCAR was founded in 2014 in Shenzhen, China, as an online platform for ride-sharing. Chauffeured car services are provided through a mobile app, covering 60 cities nationwide. Operations follow an asset-heavy model with an in-house fleet, and a permit for ride-sharing is maintained. The company is valued at US3.55 billion from its latest funding round.

UCAR's top competitors include Didi, Didachuxing and Ruqi Mobility.

UCAR has 6 investors. Key investors include Zuche, Warburg Pincus, China People's Property Insurance, Yunfeng Capital, and Tourmalinegem.

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