Ruqi Mobility - About the company
Ruqi Mobility is a public company based in Guangzhou (China), founded in 2019. It operates as an AI-based platform providing ride-hailing services with electric fleet. Ruqi Mobility has raised $270M in funding from GAC and GAC. The company has 38 active competitors, including 8 funded and 9 that have exited. Its top competitors include companies like Uber, DiDi and WTI.
Company Details
AI-based platform providing ride-hailing services with electric fleet. Users can book rides by providing location, destination, user details, payment details, preferred dates, and more.
- Website
- www.ruqimobility.com
- Registered Address
- 59, SATYA NAGAR, DN COLLEGE HOSTEL ROAD, Hissar, HISAR, Haryana, India, 125001
Key Metrics
Founded Year
2019
Location
Guangzhou, China
Stage
Public
Total Funding
$270M in 2 rounds
Latest Funding Round
Ranked
9th among 38 active competitors
Employee Count
201 - 500 as on Jul 01, 2024
Exit Details
Public
Legal entities associated with Ruqi Mobility
Ruqi Mobility is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ONTIME LOGISTICS SOLUTIONS PRIVATE LIMITED CIN: U60221HR2019PTC081177 , India, Strike off | Jun 27, 2019 | - | - |
Ruqi Mobility's IPO details
Ruqi Mobility got listed on Jul 10, 2024.
Click here to take a look at Ruqi Mobility's IPO in detail
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Ruqi Mobility's funding and investors
Ruqi Mobility has raised a total funding of $270M over 2 rounds. Its first funding round was on Apr 26, 2022. Its latest funding round was a Series B round on Jun 21, 2023 for $*****. 1 investor participated in its latest round. Ruqi Mobility has 11 institutional investors.
Here is the list of recent funding rounds of Ruqi Mobility:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 21, 2023 | 3183283 | Series B | 5895387 | 5385347 | 9262453 | 6887141 |
Apr 26, 2022 | 2850734 | Series A | 9323868 | 8872483 |
View details of Ruqi Mobility's funding rounds and investors
Ruqi Mobility's founders and board of directors
Founder? Claim ProfileRuqi Mobility's employee count trend
Ruqi Mobility has 201 - 500 employees as of Jul 24. Here is Ruqi Mobility's employee count trend over the years:
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Ruqi Mobility's Competitors and alternates
Top competitors of Ruqi Mobility include Uber, DiDi and WTI. Here is the list of Top 10 competitors of Ruqi Mobility, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | AI-enabled platform for ride-hailing and on-demand services | $20.8B | 87/100 | ||
3rd | Provider of vehicle transfer and tech enabled solutions | - | - | 59/100 | |
4th | Online platform for contract workforce recruitment | $10M | 58/100 | ||
5th | Online platform for booking cab services | $1.43B | 53/100 | ||
6th | Online platform offering car ride-hailing services | $374M | 52/100 | ||
7th | App-based ride hailing platform | - | 48/100 | ||
8th | Didachuxing 2015, Chaoyang (China), Public | Operator of a platform for shared rides and taxi services | $100M | 47/100 | |
9th | Ruqi Mobility 2019, Guangzhou (China), Public | AI-based platform providing ride-hailing services with electric fleet | $270M | 44/100 | |
10th | Mobile taxi app in Hong Kong | - | - | 46/100 |
Looking for more details on Ruqi Mobility's competitors? Click here to see the top ones
Ruqi Mobility's Investments and acquisitions
Ruqi Mobility has made no investments or acquisitions yet.
News related to Ruqi Mobility
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Chenqi Technology Limited’s Hong Kong IPO and Global OfferingGlobal Legal Chronicle•Jul 22, 2024•Paul Hastings, Ruqi Mobility
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Ride Hailing Firm OnTime Gets Green Light for Hong Kong ListingCaixin Global•Jun 26, 2024•Tencent, Ruqi Mobility
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China ride hailing platform Ruqi Mobility secures $117mAsian Venture Capital Journal•Jun 27, 2023•Ruqi Mobility, GAC
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Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (June 16-22, 2023)Cognitive Business•Jun 24, 2023•KoBold Metals, Ruqi Mobility, Fero Labs, Augmenta
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