# Chexiaoduo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chexiaoduo

- Industry: Retail
- Headquarters: Hangzhou, China
- Website: www.cheduoduo.com
- Total disclosed funding: $6M
- Latest round: Series A (Jun 23, 2021)
- Investors on record: 5

## About

Established in 2020 and based in Hangzhou, China, Chexiaoduo operates a used car trading platform. The company was incubated by Beijing Cheduoduo Science & Technology Co., Ltd. Xingxing Li, the chairman of the board and president, is the chairman of the board of Beijing Cheduoduo Science & Technology Co., Ltd. The headquarter of the company is in Ningbo, China.

The company provides offline store for car dealers. The company also offers financial products and related services for car dealers.

The company plans to open 2-3 stores in 2021

## Funding rounds

- Series A, Jun 23, 2021, $6M — MSA Capital, China Growth Capital, Source Code Capital, Yixin Group Limited, NIO Capital

## Investors

- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Series A
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A
- Yixin Group Limited — Series A
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series A