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Zuche - About the company

Zuche is an acquired company based in Beijing (China), founded in 2007. It operates as a Chains providing short term vehicle rentals through mobile booking platforms. Zuche has raised $200M in funding from Warburg Pincus. The company has 34 active competitors, including 19 funded and 4 that have exited. Its top competitors include companies like TIER, eHi Car Services and Yidao Yongche.

Company Details

Chains providing short term vehicle rentals through mobile booking platforms. Customers reserve passenger vehicles for defined periods using applications or digital interfaces. These operations include multiple pick up and return locations to facilitate self service vehicle access. Rental agreements require valid driver identification and proof of eligibility, with billing structures covering base rental fees, service charges, and maintenance costs. Users select from a fleet of various vehicle models for personal or commercial use. Optional protection coverage and assistance plans are available to manage travel risks.
Key Metrics
Founded Year
2007
Location
Beijing, China
Stage
Acquired
Total Funding
$200M in 3 rounds
Ranked
Employee Count
1,703 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by MBK Partners (Mar 01, 2021)

Zuche's acquisition details

Zuche got acquired by MBK Partners on Mar 01, 2021.
Click here to take a look at Zuche's acquisition in detail
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Zuche's funding and investors

Zuche has raised a total funding of $200M over 3 rounds. Its first funding round was on Aug 2010. Zuche has 11 institutional investors.

Here is the list of recent funding rounds of Zuche:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 08, 2019
8363380
Conventional Debt
4132677
9337502
9463713
8029185
Jul 09, 2012
9929986
Series C
7554041
7021868
8799433
4125909
Aug 2010
8317449
Series B
9394902
2594748
1686490
6691341
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Zuche's founders and board of directors

Founder? Claim Profile

Zuche's employee count trend

Zuche has 1,703 employees as of Aug 26. Here is Zuche's employee count trend over the years:
Employee count trend for Zuche
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Zuche's Competitors and alternates

Top competitors of Zuche include TIER, eHi Car Services and Yidao Yongche. Here is the list of Top 10 competitors of Zuche, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TIER
TIER
2018, Berlin (Germany), Series D
Operator of shared electric scooters and bicycles for urban transit
$660M
67/100
2nd
Logo for eHi Car Services
eHi Car Services
2006, Shanghai (China), Public
Online car rental platform
$195M
59/100
3rd
Logo for Zuche
Zuche
2007, Beijing (China), Acquired
Chains providing short term vehicle rentals through mobile booking platforms
$200M
53/100
4th
Logo for Yidao Yongche
Yidao Yongche
2010, Beijing (China), Acquired
Online P2P ride-hailing aggregator
$90M
50/100
5th
Logo for ZuzuChe
ZuzuChe
2011, Guangzhou (China), Series D
Online B2C car rental aggregator
$20.5M
50/100
6th
Logo for Wkzuche
Wkzuche
2014, Beijing (China), Series B
Online B2C car rental platform
$76.9M
48/100
7th
Logo for Atzuche
Atzuche
2014, Shanghai (China), Series D
P2P car rental platform
$130M
47/100
8th
Logo for Gofun
Gofun
2015, Beijing (China), Series B
Provider of an online booking platform for self-drive car-rentals
$46.4M
46/100
9th
Logo for QEEQ
QEEQ
2017, Hong Kong (China), Seed
App-based platform for renting cars
-
43/100
10th
Logo for Ponycar
Ponycar
2016, Shenzhen (China), Series C
Self drive electric vehicle rental service
$83M
39/100
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Looking for more details on Zuche's competitors? Click here to see the top ones

Zuche's Investments and acquisitions

Zuche has not made any acquisitions yet. Zuche has made 4 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 16, 2016
Investments
2012
Hangzhou (China)
Sep 17, 2015
Investments
2011
Istanbul (Turkey)
Sep 16, 2015
Investments
2014
Shenzhen (China)
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See all investments by Zuche

Reports related to Zuche

Here is the latest report on Zuche's sector:

News related to Zuche

lockFilter this list
•
China Auto Rental’s Tender OfferGlobal Legal Chronicle•Mar 16, 2023•Zuche
•
KCar works with SK-On to certify EV batteriesAIM Group•Mar 02, 2022•Zuche, SK On
•
CAR Inc privatization deal wins awardChina Daily•Nov 17, 2021•Zuche
•
CAR’s $250 Million Senior Notes OfferingGlobal Legal Chronicle•Apr 22, 2021•Zuche, CICC, Goldman Sachs, J P Morgan
•
MBK credit fund to join PE fund on CAR investor rosterAsian Venture Capital Journal•Dec 04, 2020•MBK Partners, Zuche
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FAQs about Zuche

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