Tiantian Paiche - About the company
Tiantian Paiche is a series E company based in Shanghai (China), founded in 2014 by Weiwei Wang. It operates as an Online C2B used car auction platform. Tiantian Paiche has raised $448M in funding from investors like Bitauto, Autohome and Tencent. The company has 15 active competitors, including 8 funded and 2 that have exited. Its top competitors include companies like Cheyipai, Maihaoche and Bochewang.
Company Details
Tiantian Paiche is an online used car marketplace which operates on a C2B model. Users can list their car and schedule for an auction across the network of dealers the company has on its portal. The car will be auctioned and the highest bid that a car receives across a span of 3 days would be considered as a final and the owner will be paid accordingly. Offers assistance in transferring the ownership etc.
Key Metrics
Founded Year
2014
Location
Shanghai, China
Stage
Series E
Total Funding
$448M in 5 rounds
Latest Funding Round
Ranked
2nd among 15 active competitors
Employee Count
350 as on Sep 30, 2026
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Tiantian Paiche's funding and investors
Tiantian Paiche has raised a total funding of $448M over 5 rounds. Its first funding round was on Sep 09, 2015. Its latest funding round was a Series E round on Oct 27, 2020 for $*****. 1 investor participated in its latest round. Tiantian Paiche has 13 institutional investors.
Here is the list of recent funding rounds of Tiantian Paiche:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 27, 2020 | 5291796 | Series E | 5378249 | 4980715 | 4004905 | 8330964 |
Jun 08, 2018 | 5880161 | Series D | 8245113 | 8363611 | 8993358 | |
Oct 30, 2017 | 9332135 | Series C | 9989021 | 3600658 |
View details of Tiantian Paiche's funding rounds and investors
Tiantian Paiche's founders and board of directors
Founder? Claim ProfileThe founders of Tiantian Paiche is Weiwei Wang.
Here are the details of Tiantian Paiche's key team members:
- Weiwei Wang: Founder & CEO of Tiantian Paiche.
View details of Tiantian Paiche's Founder profiles and Board Members
Tiantian Paiche's employee count trend
Tiantian Paiche has 350 employees as of Sep 26. Here is Tiantian Paiche's employee count trend over the years:
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Tiantian Paiche's Competitors and alternates
Top competitors of Tiantian Paiche include Cheyipai, Maihaoche and Bochewang. Here is the list of Top 10 competitors of Tiantian Paiche, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a digital marketplace for used vehicle auction transactions | $230M | 48/100 | ||
2nd | Tiantian Paiche 2014, Shanghai (China), Series E | Online C2B used car auction platform | $448M | 46/100 | |
3rd | Online B2B platform offering dealer services | $554M | 46/100 | ||
4th | Web platform for auction of second hand restored cars | $46.1M | 42/100 | ||
5th | Platform for dealers to buy cars met with accidents through auction | $45M | 41/100 | ||
6th | Online B2B platform for second-hand car auction service | $960M | 40/100 | ||
7th | Niuniuqiche 2014, Shanghai (China), Series B | Online B2B platform for car dealers to trade used vehicles | $17.9M | 37/100 | |
8th | Online B2B trading platform for second-hand automobiles | $19.5M | 37/100 | ||
9th | B2B automobile marketplace | $39.1M | 32/100 | ||
10th | Online retailer of used and new cars, parts, and services | - | - | 30/100 |
Looking for more details on Tiantian Paiche's competitors? Click here to see the top ones
Tiantian Paiche's Investments and acquisitions
Tiantian Paiche has made no investments or acquisitions yet.
Reports related to Tiantian Paiche
Here is the latest report on Tiantian Paiche's sector:
News related to Tiantian Paiche
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Chinese Used Car Auction Platform Tiantianpaiche Receives $100M Investment From AutohomeChina Money Network•Jun 07, 2018•Tiantian Paiche, Autohome, LOPO, CB Insights and 5 others
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Chinese used car trading platform Tiantian Paiche racks up $100 mlnPE Hub•Nov 28, 2016•Tiantian Paiche
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