Guazi

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.