Predict your next investment

SouChe Holdings company logo
Corporation
INTERNET | eCommerce / Auto
souche.com

See what CB Insights has to offer

Founded Year

2012

Stage

Debt - II | Alive

Total Raised

$1.282B

Valuation

$0000 

Last Raised

$46.16M | 2 yrs ago

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

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 Headquarter Location

175 Wuchang Blvd

Hangzhou, Zhejiang ,

China

+86 400-000-5678

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.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing SouChe Holdings

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

CB Insights Intelligence Analysts have mentioned SouChe Holdings in 5 CB Insights research briefs, most recently on Sep 30, 2021.

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

8,739 items

U

Unicorns- Billion Dollar Startups

859 items

A

Auto Commerce

531 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.

SouChe Holdings Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

SouChe Holdings Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.