Guazi

China's premier online used car marketplace

A brand of Chehaoduo

A brand of Chehaoduo · Beijing, China · Founded 2015 · $3.3B raised

Headquarters
Beijing
Employees
10001+
Founded
2015
Business Model
Marketplace
Total Funding
$3.3B
Last Round
$200.0M Extension RoundSep 2019
Rounds
7

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Guazi (Chinese: 瓜子二手车) is China's leading online used car marketplace, founded in 2015 and headquartered in Beijing. Operating under its parent company Chehaoduo Group, Guazi pioneered the peer-to-peer C2C model for used car transactions in China, directly connecting individual sellers with buyers and eliminating traditional dealership intermediaries. The platform offers buyers access to hundreds of thousands of verified vehicles and provides comprehensive services including vehicle inspection, title transfer facilitation, after-sales support, and financing. Guazi has expanded beyond the domestic Chinese market to enable international export and auction of used vehicles. The company has raised approximately $4.8 billion in funding from investors including Sequoia Capital, IDG Capital, and Tencent.

Summary

Guazi is an Automotive company based in Beijing, China, founded in 2015. It has raised $3.3B in total across 7 rounds, most recently a $200.0M Extension Round in Sep 2019. Investors include Tencent, SoftBank and Sequoia Capital.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Extension RoundExtension RoundSep 2019
$200.0M

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Funding: Series A through Extension Round. Amounts, valuations, and investors where available.

Investors

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