# Dafang Zuche

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dafang-zuche

- Industry: Transportation Services
- Headquarters: Wuhan, China
- Website: www.dafang24.com
- Latest round: Series B (Sep 28, 2017)
- Investors on record: 1

## About

Dafang Zuche is a prominent car rental service operating throughout China, emphasizing accessible and affordable vehicle options for varied consumer needs and preferences.Founded in 2011 in Wuhan, China, Dafang Zuche specializes in car rental services. The company has completed a total of three funding deals, with the latest being a Series A funding round in which they raised CNY 10.000 mn. No significant pivots in business strategy are noted. The founder's history is not disclosed, and no mention of subsidiaries or parent companies is available.???? (Dafang Car Rental) specializes in a wide array of vehicle rental services across China, focusing on providing accessible and affordable car options for diverse user needs. The company’s core offerings include a variety of rental vehicles, catering to numerous use cases such as road trips, daily commuting, commercial transportation, family travel, and personalized travel experiences. By leveraging their extensive network of over 1,100 physical locations across more than 400 cities, the company facilitates seamless access to vehicles for both individual consumers and businesses. Targeting customers with a credit score of 550 and above, the company offers attractive incentives, such as zero deposit rentals and promotional discounts for new users. The geographical market for these services encompasses major urban centers throughout China, enhancing mobility options for a broad demographic of users.Revenue generation for ???? is primarily driven by direct-to-consumer transactions, where customers pay for vehicle rentals based on their selected service packages. The company has established a transactional structure that includes one-time rental fees, with pricing strategies designed to cater to varying customer needs and preferences, such as seasonal discounts and promotional offers for first-time users. For instance, users can enjoy promotional rates, with initial rental fees starting as low as zero yuan for new customers, incentivizing adoption of their services. Additionally, the partnership with ???? (Zhima Credit) allows for innovative financial arrangements, such as waiver of security deposits for eligible customers, further enriching the company's revenue model. While specifics regarding the overall financial performance are not disclosed, the streamlined rental process and strategic partnerships contribute to a robust operational framework that supports its revenue streams.In September 2017, Dafang Zuche raised CNY 10.000 mn in a Series B funding round from U-Tao Investment. Future growth plans include the development and launch of new products aimed at enhancing user experience, although specific release dates are not provided. The company also plans to expand its market presence into additional urban centers across China, with a focus on further strengthening its operational network. Funding from the most recent round will be utilized to support these initiatives, facilitating the enhancement of services and expansion efforts.

## Funding rounds

- Series B, Sep 28, 2017 — U-Tao Investment

## Investors

- U-Tao Investment — Series B