Zuche

Beijing, China Founded: 2007 • Age: 19 yrs Acquired By MBK Partners
Online car rental platform
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About Zuche

Zuche is a company based in Beijing (China) founded in 2007 was acquired by MBK Partners in March 2021.. Zuche has raised $200 million across 3 funding rounds from investors including Legend Holdings, Warburg Pincus and MBK Partners. Zuche operates in a competitive market with competitors including TIER, eHi Car Services, Gofun, Izuche and Ningbo Xiaolinggou Travel Technology, among others.

  • Headquarter Beijing, China
  • Stage Public
  • Sectors
    Travel & Hospitality
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $200 M (USD)

    in 3 rounds

  • Latest Funding Round
    $200 M (USD), Debt – Conventional

    May 08, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    MBK Partners

    & 1 more

    (Mar 01, 2021)

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Funding Insights of Zuche

Zuche has successfully raised a total of $200M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in May 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $200.0M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2019 Amount Debt – Conventional - Zuche Valuation

investors

Jul, 2012 Amount Series C - Zuche Valuation Warburg Pincus
Aug, 2010 Amount Series B - Zuche Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Zuche

Zuche has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Legend Holdings, Warburg Pincus and MBK Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Investment holding company
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Zuche

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Zuche

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Zuche Comparisons

Employees
+
Add Comparison
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Competitors of Zuche

Zuche 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 TIER, eHi Car Services, Gofun, Izuche and Ningbo Xiaolinggou Travel Technology, 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
Electric kick-scooters are rented through a mobile app platform.
domain founded_year HQ Location
Online car rentals are offered to retail and corporate clients.
domain founded_year HQ Location
Self-drive car rentals are enabled via an online booking platform.
domain founded_year HQ Location
Online platform for renting self-drive cars
domain founded_year HQ Location
Online station-based car rental platform is operated.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Zuche

Frequently Asked Questions about Zuche

When was Zuche founded?

Zuche was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Zuche located?

Zuche is headquartered in Beijing, China.

Who is the current CEO of Zuche?

Yifan Song is the current CEO of Zuche.

Is Zuche a funded company?

Zuche is a funded company, having raised a total of $200M across 3 funding rounds to date.

What does Zuche do?

Zuche was founded in 2007 and is headquartered in Beijing, China. The company operates in the automotive rental sector, providing short-term and long-term car rentals, financial leasing options, and ancillary services such as nationwide vehicle rescue and cross-location returns. Bookings are managed via an online platform with integrated payment systems, serving users across China.

Who are the top competitors of Zuche?

Zuche's top competitors include TIER, eHi Car Services and Gofun.

Who are Zuche's investors?

Zuche has 3 investors. Key investors include Legend Holdings, Warburg Pincus, and MBK Partners.

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