About Xiamen Yiche Times Information Technology
Xiamen Yiche Times Information Technology is a company based in Xiamen (China) founded in 2016.. Xiamen Yiche Times Information Technology has raised $92.35 million across 3 funding rounds from investors including Susquehanna, Lanchi Venture Capital and BlueRun Ventures. Xiamen Yiche Times Information Technology operates in a competitive market with competitors including Huasheng Haoche, Chefengwang, Gongxifache, Xiaomagouche and Emao, among others.
- Headquarter Xiamen, China
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$92.35 M (USD)
in 3 rounds
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Latest Funding Round
$70 M (USD), Series C
Apr 29, 2021
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Investors
Susquehanna
& 4 more
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Employee Count
Employee Count
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Funding Insights of Xiamen Yiche Times Information Technology
Xiamen Yiche Times Information Technology has successfully raised a total of $92.35M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $70 million completed in April 2021. 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 Total Funding
- Total Rounds 3
- Last Round Series C — $70.0M
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First Round
First Round
(23 Apr 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series C - Xiamen Yiche Times Information Technology | Valuation | SIG | |
| Sep, 2020 | Amount | Series B - Xiamen Yiche Times Information Technology | Valuation | Sky9 Capital | |
| Apr, 2019 | Amount | Series A - Xiamen Yiche Times Information Technology | Valuation | Lanchi Venture Capital , GGV Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xiamen Yiche Times Information Technology
Xiamen Yiche Times Information Technology has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Susquehanna, Lanchi Venture Capital and BlueRun Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management is handled by SIG across multiple assets.
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Founded Year | Domain | Location | |
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xiamen Yiche Times Information Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Xiamen Yiche Times Information Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xiamen Yiche Times Information Technology Comparisons
Competitors of Xiamen Yiche Times Information Technology
Xiamen Yiche Times Information Technology 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 Huasheng Haoche, Chefengwang, Gongxifache, Xiaomagouche and Emao, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online dealer of new cars
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| domain | founded_year | HQ Location |
Online platform to order/book new cars
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| domain | founded_year | HQ Location |
Online B2B platform for new cars
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for purchasing cars.
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| domain | founded_year | HQ Location |
Online-to-Offline platform for buying new cars
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xiamen Yiche Times Information Technology
Frequently Asked Questions about Xiamen Yiche Times Information Technology
When was Xiamen Yiche Times Information Technology founded?
Xiamen Yiche Times Information Technology was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Xiamen Yiche Times Information Technology located?
Xiamen Yiche Times Information Technology is headquartered in Xiamen, China. It is registered at Xiamen, Fujian, China.
Who is the current CEO of Xiamen Yiche Times Information Technology?
Bao Xiaolong is the current CEO of Xiamen Yiche Times Information Technology.
Is Xiamen Yiche Times Information Technology a funded company?
Xiamen Yiche Times Information Technology is a funded company, having raised a total of $92.35M across 3 funding rounds to date. The company's 1st funding round was a Series A of $22.35M, raised on Apr 23, 2019.
What does Xiamen Yiche Times Information Technology do?
Founded in 2016 in Xiamen, China, the company operates in the automotive sector as an O2O marketplace for new vehicles. A platform called Yi Auto is utilized, enabling multi-vendor direct supply in partnership with OEMs and 4S dealerships across China. Purchases are made online, with options for doorstep delivery or scheduled pickups from dealerships.
Who are the top competitors of Xiamen Yiche Times Information Technology?
Xiamen Yiche Times Information Technology's top competitors include Huasheng Haoche, Gongxifache and Emao.
Who are Xiamen Yiche Times Information Technology's investors?
Xiamen Yiche Times Information Technology has 5 investors. Key investors include Susquehanna, Lanchi Venture Capital, BlueRun Ventures, GGV Capital, and Sky9 Capital.