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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
Investors
Ranked
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:lockFilter this list
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
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Tiantian Paiche's founders and board of directors

Founder? Claim Profile
The founders of Tiantian Paiche is Weiwei Wang.
Here are the details of Tiantian Paiche's key team 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:
Employee count trend for Tiantian Paiche
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cheyipai
Cheyipai
2006, Beijing (China), Acquired
Operator of a digital marketplace for used vehicle auction transactions
$230M
48/100
2nd
Logo for Tiantian Paiche
Tiantian Paiche
2014, Shanghai (China), Series E
Online C2B used car auction platform
$448M
46/100
3rd
Logo for Maihaoche
Maihaoche
2014, Hangzhou (China), Series C
Online B2B platform offering dealer services
$554M
46/100
4th
Logo for Bochewang
Bochewang
2014, Beijing (China), Series B
Web platform for auction of second hand restored cars
$46.1M
42/100
5th
Logo for Fairlubo
Fairlubo
2011, Beijing (China), Acquired
Platform for dealers to buy cars met with accidents through auction
$45M
41/100
6th
Logo for Youxinpai
Youxinpai
2011, Beijing (China), Series E
Online B2B platform for second-hand car auction service
$960M
40/100
7th
Logo for Niuniuqiche
Niuniuqiche
2014, Shanghai (China), Series B
Online B2B platform for car dealers to trade used vehicles
$17.9M
37/100
8th
Logo for Chezhency
Chezhency
2015, Shenzhen (China), Series B
Online B2B trading platform for second-hand automobiles
$19.5M
37/100
9th
Logo for Sxbcar
Sxbcar
2014, Chongqing (China), Deadpooled
B2B automobile marketplace
$39.1M
32/100
10th
Logo for Guazi
Guazi
2015, Beijing (China), Unfunded
Online retailer of used and new cars, parts, and services
-
-
30/100
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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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Autohome-backed TTP heads offlineAIM Group•Feb 21, 2019•Tiantian Paiche
•
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Tiantian Paiche grabs another $80 million USAIM Group•Oct 30, 2017•Tiantian Paiche
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