About Yidao Yongche
Yidao Yongche is a Travel & Hospitality company based in Beijing (China) founded in 2010, and was acquired by LeEco in October 2015. Online P2P ride-hailing services are aggregated for bookings. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. Yidao Yongche has raised $90 million across 6 funding rounds from investors including Baidu, Ctrip and China CITIC Bank International. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Car. Its competitors include Atzuche, Baojia and Ponycar; 3 of its 3 listed competitors have raised funding.
Company details
Yidao Yongche was founded in 2010 in Beijing, China, within the ride-hailing and e-commerce sector. An online platform is provided for users to book professional car reservation services. Multiple options are available, including hourly rentals, airport pickups and drop-offs, full-day rentals, and half-day rentals. Operations focus on aggregating peer-to-peer ride-hailing through the website yongche.com.
- Headquarters Beijing, China
- Stage Acquired
- SectorsTravel & HospitalityTransportation, Automotive & Logistics
- Website yongche.com
- Social LinkedIn X
- Acquired by LeEco (Oct 2015)
Funding Insights of Yidao Yongche
Yidao Yongche has successfully raised a total of $90M across 6 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 $90M
- Total Rounds 6
- Investors Count 9
All 6 funding rounds of Yidao Yongche 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 |
|---|---|---|---|---|---|
| Apr 2018 | Series D | – | China CITIC Bank International | – | |
| Sep 2014 | Series C | – | GIC | ||
| Dec 2013 | $60M | Series C | – | DCM Ventures, Ctrip | – |
| Apr 2013 | $20M | Series B | – | CBC Capital | |
| Aug 2011 | $10M | Series A | – | Morningside | |
| Jun 2011 | Seed | – | Zhen Fund | – |
10 investors in total: 10 institutional.
Investors in Yidao Yongche
Yidao Yongche has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Baidu, Ctrip and China CITIC Bank International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Tech-focused seed, early, and mid-stage VC investments are made globally. | dcm.com | Menlo Park, United States | ||
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US | zhenfund.com | Beijing, China | ||
Venture capital firm investing in TMT & other tech sectors | cbc-capital.com | Beijing, China | ||
Comprehensive commercial banking services are offered internationally to diverse clients. | 1922 | cncbinternational.com | Hong Kong, China | |
AI-enabled keyword-based search engine is operated for information retrieval. | 2000 | baidu.com | Beijing, China | |
Multiple travel services including flights and hotels are booked online. | 1999 | ctrip.com | Shanghai, China | |
VC and private equity investments are made in China-US companies. | morningside.com.cn | Shanghai, China | ||
Develops an autonomous electric supercar. | 2015 | leeco.com | Beijing, China |
Investor details for Yidao Yongche
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Timeline of Yidao Yongche
4 dated milestones of Yidao Yongche across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Yidao Yongche is founded.
- Funding First funding round.
- Exit Acquired by LeEco.
- Funding Latest funding round, Series D,.
Competitors of Yidao Yongche
Yidao Yongche has 3 listed competitors in our database, 3 of them funded. They include Atzuche, Baojia and Ponycar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| atzuche.com | 2014 | Shanghai, China | $129.84M | Peer-to-peer car rentals are enabled between owners and screened users. | ||
| baojia.com | 2014 | Beijing, China | $35M | An online peer-to-peer platform for car rentals. | ||
| iponycar.com | 2016 | Shenzhen, China | $67.16M | Electric vehicles are rented self-drive on a per-minute basis. |
Detailed competitors of Yidao Yongche
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Web traffic of Yidao Yongche
Websites that share an audience with Yidao Yongche (yongche.com).
Websites whose visitors overlap most with Yidao Yongche. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 1hai.cn | 100% | 276.2K | View details | ||
chesudi.com | chesudi.com | 100% | – | ||
car.ctrip.com | car.ctrip.com | 95% | – | ||
| zuche.com | 90% | 189.7K | #121,178 | View details | |
| itunes.apple.com | 30% | 25.4M | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Yidao Yongche
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- 8 similar websites
- Audience overlap
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Frequently Asked Questions about Yidao Yongche
Yidao Yongche was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Yidao Yongche is headquartered in Beijing, China.
Yidao Yongche is a funded company, having raised a total of $90M across 6 funding rounds to date.
Yidao Yongche was founded in 2010 in Beijing, China, within the ride-hailing and e-commerce sector. An online platform is provided for users to book professional car reservation services. Multiple options are available, including hourly rentals, airport pickups and drop-offs, full-day rentals, and half-day rentals. Operations focus on aggregating peer-to-peer ride-hailing through the website yongche.com.
Yidao Yongche has 10 investors. Key investors include Baidu, Ctrip, China CITIC Bank International, Qualcomm Ventures, and GIC.
Yes. Yidao Yongche was acquired by LeEco in October 2015.