About Yidao Yongche
Yidao Yongche is a company based in Beijing (China) founded in 2010 was acquired by LeEco in October 2015.. Yidao Yongche has raised $90 million across 6 funding rounds from investors including Baidu, Ctrip and China CITIC Bank International. Yidao Yongche operates in a competitive market with competitors including Atzuche, Baojia, Ponycar, UU Cars and Kuaikuai Zuche, among others.
- Headquarter Beijing, China
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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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 Total Funding
- Total Rounds 6
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series D - Yidao Yongche | Valuation | China CITIC Bank International |
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| Sep, 2014 | Amount | Series C - Yidao Yongche | Valuation | GIC | |
| Dec, 2013 | Amount | Series C - Yidao Yongche | Valuation | DCM Ventures , Ctrip |
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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 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. 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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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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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 Yidao Yongche
| 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 - Yidao Yongche
| 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 |
Yidao Yongche Comparisons
Competitors of Yidao Yongche
Yidao Yongche 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 Atzuche, Baojia, Ponycar, UU Cars and Kuaikuai Zuche, 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 |
Peer-to-peer car rentals are enabled between owners and screened users.
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| domain | founded_year | HQ Location |
An online peer-to-peer platform for car rentals.
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| domain | founded_year | HQ Location |
Electric vehicles are rented self-drive on a per-minute basis.
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| domain | founded_year | HQ Location |
P2P electric car rental platform
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| domain | founded_year | HQ Location |
Serves as a peer-to-peer car rental platform for convenient vehicle sharing.
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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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Frequently Asked Questions about Yidao Yongche
When was Yidao Yongche founded?
Yidao Yongche was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Yidao Yongche located?
Yidao Yongche is headquartered in Beijing, China.
Is Yidao Yongche a funded company?
Yidao Yongche is a funded company, having raised a total of $90M across 6 funding rounds to date. The company's 1st funding round was a Series C of $60M, raised on Jun 01, 2011.
What does Yidao Yongche do?
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.
Who are the top competitors of Yidao Yongche?
Who are Yidao Yongche's investors?
Yidao Yongche has 10 investors. Key investors include Baidu, Ctrip, China CITIC Bank International, Qualcomm Ventures, and GIC.