Beijing Shanyi Shanmei Technology Co.
Latest round
- Series E
Last raised
- Apr 2018
Total raised
- $560M
Investors
- 10
About Beijing Shanyi Shanmei Technology Co.
, Ltd., Ltd. is based in Beijing, China, and focuses on the automotive marketplace.The core offerings of the company revolve around the automotive marketplace, focusing on facilitating vehicle sales and purchases. This includes a comprehensive platform where users can search for a variety of vehicles, such as sedans and SUVs, from well-known brands, including Volkswagen, Toyota, and Honda. The platform primarily caters to consumers looking to buy or sell used cars, aiming to streamline the process by providing essential information such as vehicle age, mileage, engine displacement, and transmission types. The end users of this service encompass individual car buyers and sellers, as well as dealerships in various regions.Revenue generation for the company is structured around transaction fees collected from vehicle sales facilitated through its platform. Clients—comprised of individual sellers and potential buyers—engage in direct transactions, with the company earning a commission on each successful sale. This B2C model enhances the user experience by providing a straightforward approach to buying and selling cars without the traditional dealership overhead. The structure includes additional services that may be offered as part of the sales process, enhancing the overall value proposition for users., Ltd. The company is focused on enhancing its platform to better serve urban centers where demand for used vehicles is high. Specific future initiatives are expected to include improvements in user experience and possibly expanding its operations into additional cities in China by 2020.
Who invested in Beijing Shanyi Shanmei Technology Co.
10 investors across 5 rounds
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Questions about Beijing Shanyi Shanmei Technology Co.
Who invested in Beijing Shanyi Shanmei Technology Co.?
Beijing Shanyi Shanmei Technology Co. has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Beijing Shanyi Shanmei Technology Co. raised?
Beijing Shanyi Shanmei Technology Co. has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Beijing Shanyi Shanmei Technology Co. last raise money?
Beijing Shanyi Shanmei Technology Co.'s most recent round on record is a Series E, in Apr 2018.
What does Beijing Shanyi Shanmei Technology Co. do?
Beijing Shanyi Shanmei Technology Co. is a retail company.
Where is Beijing Shanyi Shanmei Technology Co. headquartered?
Beijing Shanyi Shanmei Technology Co. is headquartered in Beijing, China.
Which VCs invest in companies like Beijing Shanyi Shanmei Technology Co.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Beijing Shanyi Shanmei Technology Co.'s stage. Their profiles are linked below.
VCs backing retail startups at Series E
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