# Zhidao Second-hand Car

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhidao-second-hand-car

- Industry: Media
- Headquarters: Beijing, China
- Website: www.jiucheping.cn
- Latest round: Series B (Oct 29, 2018)
- Investors on record: 1

## About

Zhidao Second-hand Car offers innovative automotive solutions, focusing on enhancing vehicle management efficiency and convenience for users through advanced technology.Founded in 2015 in Beijing, China, Zhidao Second-hand Car specializes in automotive solutions that optimize vehicle management and performance. The company has engaged in 4 deals, with the most recent being a Series A funding round of CNY 20.00 mn on October 29, 2018, from investor 58.com Inc. The CEO and founder, ??? ?, leads the company towards innovation in the automotive technology sector, maintaining a valuation of CNY 2000.00 mn.Zhidao Second-hand Car specializes in offering a range of innovative products and services primarily aimed at enhancing the convenience and efficiency of automotive solutions. The company's core offerings include advanced vehicle management systems, which allow users to monitor and optimize vehicle performance, thereby addressing common issues such as fuel efficiency and maintenance scheduling. These products are designed for a diverse clientele, including individual vehicle owners, fleet managers, and automotive service providers, primarily situated in urban areas across China, Japan, and select markets in Southeast Asia. By integrating technology with user-friendly interfaces, Zhidao Second-hand Car’s solutions aim to streamline the automotive experience, ultimately benefiting end users who seek reliability and performance in their vehicles.Zhidao Second-hand Car generates revenue through a structured transaction model that includes direct-to-consumer sales, as well as partnerships with automotive retailers and service providers. The company offers various pricing plans for its flagship products, which cater to different user needs, from individual subscriptions to comprehensive fleet management packages. Each package includes tailored features that enhance vehicle monitoring and management, ensuring clients receive optimal value based on their specific requirements. Transactions typically involve upfront payments for product purchases, alongside recurring fees for subscription-based services that provide ongoing support and updates. The combination of these revenue streams positions Zhidao Second-hand Car favorably within the competitive automotive technology market.Zhidao Second-hand Car is currently focusing on designing new products aimed at enhancing vehicle management solutions, with plans to launch these innovations in the upcoming year. The company is also targeting expansion into new markets within Southeast Asia by 2025, leveraging recent funding from the Series A round to support these growth initiatives. The CNY 20.00 mn raised will be pivotal in developing these new solutions and expanding their market reach.

## Funding rounds

- Series B, Oct 29, 2018 — Tencent Investment

## Investors

- Tencent Investment — Series B
