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INTERNET | eCommerce / Auto

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Founded Year



Debt - II | Alive

Total Raised




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 ,


+86 400-000-5678

Latest SouChe Holdings News

Marbridge Consulting - China Telecom, Mobile and Internet Research

Sep 4, 2018, 9/03/18 The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform, 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.

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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 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.



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SouChe Holdings Web Traffic

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Page Views per Million (PVPM)
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SouChe Holdings Rank

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