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souche.com

Founded Year

2012

Stage

Debt - II | Alive

Total Raised

$1.282B

Valuation

$0000 

Last Raised

$46.16M | 3 yrs ago

About SouChe Holdings

SouChe Holdings is a C2C platform allowing used-car sellers to dictate their own prices, with revenue generated from commissions charged on individual transactions. Its SaaS products, which include DaFengChe, CheNiu and Chehang168, connect used car dealers to small and large new car dealers in China.

SouChe Holdings Headquarters Location

175 Wuchang Blvd

Hangzhou, Zhejiang ,

China

+86 400-000-5678

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Research containing SouChe Holdings

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned SouChe Holdings in 4 CB Insights research briefs, most recently on Jul 6, 2022.

Expert Collections containing SouChe Holdings

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SouChe Holdings is included in 3 Expert Collections, including E-Commerce.

E

E-Commerce

9,760 items

U

Unicorns- Billion Dollar Startups

1,193 items

A

Auto Commerce

539 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

Latest SouChe Holdings News

Marbridge Consulting - China Telecom, Mobile and Internet Research

Sep 4, 2018

36Kr.com, 9/03/18 The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Souche CEO Yao Junhong also confirmed that Souche has wholly-acquired two firms, including Beijing-based Yunche Wang Network Technology, operator of mobile vehicle shipping app Yunche Guanjia, and Shanghai-based auto dealer group ERP system provider Breakthrough Information Technology. Yao said that as of August 2018, Souche's SaaS business reaches 90% of medium- and large-size used vehicle dealerships, more than 9,000 4S stores, and over 60,000 new vehicle dealerships. In 2018, the company's SaaS systems are expected to handle RMB 350 bln in total online transactions, a 200% increase YoY. Editor's Note: Chinese IT industry investment information portal IT Juzi reports this newest round of funding as Series F (Pre-IPO). For more information on this topic, please see Rumor: Used Car Trading Site Souche Raising USD 800 Mln Series F , MD 5/11/18 issue.

SouChe Holdings Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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SouChe Holdings Rank

  • When was SouChe Holdings founded?

    SouChe Holdings was founded in 2012.

  • Where is SouChe Holdings's headquarters?

    SouChe Holdings's headquarters is located at 175 Wuchang Blvd, Hangzhou.

  • What is SouChe Holdings's latest funding round?

    SouChe Holdings's latest funding round is Debt - II.

  • How much did SouChe Holdings raise?

    SouChe Holdings raised a total of $1.282B.

  • Who are the investors of SouChe Holdings?

    Investors of SouChe Holdings include Bank of Shanghai, Ping An Trust, 5Y Capital, Alibaba Group, CE Innovation Capital and 19 more.

  • Who are SouChe Holdings's competitors?

    Competitors of SouChe Holdings include Uxin, Carsome, Carro, Chehaoduo, Tiantian Paiche and 10 more.

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