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
Latest Funding Round
Investors
Ranked
3rd among 34 active competitors
Employee Count
1,703 as on Aug 31, 2026
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 |
View details of Zuche's funding rounds and investors
Zuche's founders and board of directors
Founder? Claim ProfileZuche's employee count trend
Zuche has 1,703 employees as of Aug 26. Here is Zuche's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of shared electric scooters and bicycles for urban transit | $660M | 67/100 | ||
2nd | eHi Car Services 2006, Shanghai (China), Public | Online car rental platform | $195M | 59/100 | |
3rd | Chains providing short term vehicle rentals through mobile booking platforms | $200M | 53/100 | ||
4th | Yidao Yongche 2010, Beijing (China), Acquired | Online P2P ride-hailing aggregator | $90M | 50/100 | |
5th | Online B2C car rental aggregator | $20.5M | 50/100 | ||
6th | Online B2C car rental platform | $76.9M | 48/100 | ||
7th | P2P car rental platform | $130M | 47/100 | ||
8th | Provider of an online booking platform for self-drive car-rentals | $46.4M | 46/100 | ||
9th | App-based platform for renting cars | - | 43/100 | ||
10th | Self drive electric vehicle rental service | $83M | 39/100 |
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:
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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) |
See all investments by Zuche
Reports related to Zuche
Here is the latest report on Zuche's sector:
News related to Zuche
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XPeng secures partnership with mobility service providers to grow market shareDigitimes•Jan 10, 2023•XPENG, Zuche
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CAR Inc. Rated the Most Satisfactory Brand by Customers in China's Car Rental Industry in 2022ACCESSWIRE•Aug 03, 2022•Zuche
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CAR Inc Completes Privatization, Set to Work with MBK Partners to Foster Industry GrowthBusiness Wire India•Jul 09, 2021•Zuche, MBK Partners
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CAR’s $250 Million Senior Notes OfferingGlobal Legal Chronicle•Apr 22, 2021•Zuche, CICC, Goldman Sachs, J P Morgan
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MBK credit fund to join PE fund on CAR investor rosterAsian Venture Capital Journal•Dec 04, 2020•MBK Partners, Zuche
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