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Automobile industry Internet platform Daxu - About the company

Automobile industry Internet platform Daxu is a series D company based in Hangzhou (China), founded in 2012 by Yao Junhong. It operates as a SaaS-driven dealership management solutions for automotive dealerships. Automobile industry Internet platform Daxu has raised $578M in funding from Primavera and Morningside Capital, with a current valuation of $3.5B. The company has 56 active competitors, including 20 funded and 9 that have exited. Its top competitors include companies like Epicor, Carro and CDK Global.

Sectors and market segments that Automobile industry Internet platform Daxu operate in

Automobile industry Internet platform Daxu serves in the Auto Tech, Auto market segments.The primary business model of Automobile industry Internet platform Daxu are:

Company Details

SaaS-driven dealership management solutions for automotive dealerships. Its offering includes Dafengche: business management & ERP system for used car dealers, Maicheguanjia: marketing & management tools for new car dealerships, and Cheyipai: B2B car trading platform, as well as a range of business intelligence, reporting, digital retailing, and associated products.
Email ID
*****@souche.com
Phone Number
+86 **********
Part Of
Key Metrics
Founded Year
2012
Location
Hangzhou, China
Stage
Series D
Total Funding
$578M in 1 round
Latest Funding Round
Post Money Valuation
$3.5B as on Dec 19, 2018
Investors
Ranked
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Automobile industry Internet platform Daxu's funding and investors

Automobile industry Internet platform Daxu has raised a total funding of $578M over 1 round. Its latest funding round was a Series D round on Sep 03, 2018 for $578M. 10 investors participated in its latest round. Automobile industry Internet platform Daxu has 13 institutional investors.

Here is the list of recent funding rounds of Automobile industry Internet platform Daxu:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 03, 2018
$578M
Series D
$3.5B
-
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Automobile industry Internet platform Daxu's founders and board of directors

Founder? Claim Profile
The founders of Automobile industry Internet platform Daxu is Yao Junhong.
Here are the details of Automobile industry Internet platform Daxu's key team members:
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Automobile industry Internet platform Daxu's Competitors and alternates

Top competitors of Automobile industry Internet platform Daxu include Epicor, Carro and CDK Global. Here is the list of Top 10 competitors of Automobile industry Internet platform Daxu, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Epicor
Epicor
1972, Austin (United States), Acquired
Cloud-based enterprise resource planning software for the automotive industry
$229M
73/100
2nd
Logo for Carro
Carro
2015, Singapore (Singapore), Series C
Marketplace offering full stack service for car ownership
$686M
73/100
3rd
Logo for CDK Global
CDK Global
1972, Hoffman Estates (United States), Acquired
Platform offering software and services for automotive retail operations
-
63/100
4th
Logo for Uxin
Uxin
2011, Shenzhen (China), Public
Online B2C used car auction platform
$500M
63/100
5th
Logo for Autohome
Autohome
2005, Haidian (China), Public
Online retailer of automotive pricing, specifications, reviews, and community forums
-
62/100
6th
Logo for Guazi
Guazi
2014, Beijing (China), Series E
Online P2P marketplace for used cars
$4.82B
61/100
7th
Logo for Souche
Souche
2012, Hangzhou (China), Series F
O2O-based used car transaction platform
$1.21B
54/100
8th
Logo for Unikie
Unikie
2015, Tampere (Finland), Series A
Provider of software engineering and automated marshalling solutions for various industries
$14.2M
51/100
9th
Logo for TuanChe
TuanChe
2009, Beijing (China), Public
Online portal to buy second hand automobiles
-
48/100
10th
Logo for Cheyipai
Cheyipai
2006, Beijing (China), Acquired
B2B used car trading platform
$230M
48/100
13th
SaaS-driven dealership management solutions for automotive dealerships
$578M
45/100
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Automobile industry Internet platform Daxu's Investments and acquisitions

Automobile industry Internet platform Daxu has made no investments or acquisitions yet.

Reports related to Automobile industry Internet platform Daxu

Here is the latest report on Automobile industry Internet platform Daxu's sector:

News related to Automobile industry Internet platform Daxu

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