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RenRenChe - About the company

RenRenChe is a series F company based in Beijing (China), founded in 2014. It operates as an Used car online transaction platform. RenRenChe has raised $760M in funding from Goldman Sachs and DiDi. The company has 42 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like Carro, Uxin and Autohome.

Company Details

RenRenChe is a P2P used car online transaction services website. Sellers put a request on the site and their vehicle is examined, checked for quality by in-house professionals and the best price is advised. Service for sellers is free. Buyers are charged for value added services like condition testing as well as a service fee which is 3% of the purchase price amount to a maximum of 8000 yuan. Since its initial launch, RenRenChe claims that it has been able to facilitate more than 200,000 used car transactions. In July 2015, the company said that it was able to complete 18,000 transactions. RenRenChe entered a partnership agreement with Taunchewang. The partnership would allow RenRenChe to create 1,000 offline automobile service centres to make its service available to the broader public, not just the online community. RenRenChe is also cooperating with Weizhong Bank, and PingAn Bank to facilitate auto loans for its users.
Key Metrics
Founded Year
2014
Location
Beijing, China
Stage
Series F
Total Funding
$760M in 7 rounds
Latest Funding Round
Ranked
Employee Count
1,523 as on Aug 31, 2026
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RenRenChe's funding and investors

RenRenChe has raised a total funding of $760M over 7 rounds. Its first funding round was on Apr 2014. RenRenChe has 10 institutional investors.

Here is the list of recent funding rounds of RenRenChe:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 19, 2018
3236499
Series F
6499132
6470877
4572780
9336260
Apr 25, 2018
3008681
Series E
7202559
5897138
5059887
Sep 25, 2017
6445855
Series D
9950914
4453062
9738419
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RenRenChe's founders and board of directors

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RenRenChe's employee count trend

RenRenChe has 1,523 employees as of Aug 26. Here is RenRenChe's employee count trend over the years:
Employee count trend for RenRenChe
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RenRenChe's Competitors and alternates

Top competitors of RenRenChe include Carro, Uxin and Autohome. Here is the list of Top 10 competitors of RenRenChe, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Carro
Carro
2015, Singapore (Singapore), Series C
Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership
$686M
74/100
2nd
Logo for Uxin
Uxin
2011, Shenzhen (China), Public
Online B2C used car auction platform
$500M
65/100
3rd
Logo for Autohome
Autohome
2005, Haidian (China), Public
Online retailer of automotive pricing, specifications, reviews, and community forums
-
64/100
4th
SaaS-driven dealership management solutions for automotive dealerships
$578M
61/100
5th
Logo for Guazi
Guazi
2014, Beijing (China), Series E
Online P2P marketplace for used cars
$4.82B
55/100
6th
Logo for Souche
Souche
2012, Hangzhou (China), Series F
O2O-based used car transaction platform
$1.21B
52/100
7th
Logo for TuanChe
TuanChe
2009, Beijing (China), Public
Online portal to buy second hand automobiles
-
51/100
8th
Logo for RenRenChe
RenRenChe
2014, Beijing (China), Series F
Used car online transaction platform
$760M
47/100
9th
Logo for Mychebao
Mychebao
2012, Nanjing (China), Series C
Online dealer of used cars
$160M
45/100
10th
Logo for Haoche51
Haoche51
2014, Beijing (China), Series B
Online peer-to-peer marketplace for used cars
$70M
43/100
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RenRenChe's Investments and acquisitions

RenRenChe has made no investments or acquisitions yet.

Reports related to RenRenChe

Here is the latest report on RenRenChe's sector:

News related to RenRenChe

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