# Guangzhou Lizhi Network Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guangzhou-lizhi-network-technology

- Industry: Software
- Headquarters: Guangzhou, China
- Website: www.zuzuche.com
- Total disclosed funding: $118M
- Latest round: Series C (May 8, 2019)
- Investors on record: 5

## About

Founded in 2011 and based in Guangzhou, China, Guangzhou Lizhi Network Technology Ltd. is a technology company that operates Zuzuche.com, a world rental car platform. The company's business covered 200 countries, 6,000 cities, and 8 million cars. Moreover, the company has established cooperation with an international chain of rental cars enterprises, such as Avis, Hertz, Alamo, Budget, Europcar, Sixt and domestic rental cars enterprises, such as Wuhan Dafang Car Rental Co., Ltd., Shanghai eHi Limousine & Sedan Service Co., Ltd. Besides, the company's teams members are from internet corporations, including Alibaba, Tencent, Didi. As of April 2022, the company has 1,000 employees.

The company provides rental cars in China and oversea, books for hotels and tickets, rental cars insurance, Chinese and English clients services, and Chinese language Global Positioning System (GPS).

The company will use the funding to strengthen products development, introduce global operation teams, expand domestic market shares, and improve customer service abilities

## Funding rounds

- Series C, May 8, 2019 — Qiming Venture Partners
- Series C, May 23, 2017 — GF Xinde Investment, Yung Park Capital, Cyber Creation Ventures (CCV)
- Series B, Aug 16, 2016, $106M — GF Xinde Investment
- Series A, Sep 22, 2014, $10M — Qiming Venture Partners, MPC
- Angel, Sep 1, 2011, $0.5M — MPC
- Angel, Sep 1, 2011, $1.6M — MPC

## Investors

- MPC — Angel, Series A
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series C
- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series B, Series C
- Yung Park Capital — Series C
- Cyber Creation Ventures (CCV) (https://capitalatlas.ai/funds/cyber-creation-ventures-ccv) — Series C