Top 50 largest unicorn companies in the world (P.48) Chehaoduo: E-commerce platform of used cars

21-03-2022

(WorldKings.org) As of March 2022, Chehaoduo’s valuation is $10 billion. (Cbinsight)

Chehaoduo is the operator of Guazi, an online C2C used-car trading platform, and Maodou, a new car eCommerce platform that directly links individual car sellers and buyers. Chehaoduo, which means “a lot of cars” in Chinese, runs online automotive retail businesses including used-car trading platform Guazi.com, which was launched in 2015, and Maodou.com, an online new-car marketplace set up in 2017.

Guazi provides services for people residing in most tier 1 and 2 Chinese cities including Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and Nanjing. As of July 2017, its network covered 200 cities in China, across 30 provinces.

Founded by serial entrepreneur Yang Haoyong, Chehaoduo runs the used-car marketplace Guazi and Maodou, a dealership for new cars. Its online platform uses artificial intelligence to help customers compare pricing, choose financing and register for after-market services such as insurance, repair and maintenance.

As of March 2022, Chehaoduo’s valuation is $10 billion.

According to internet


Brian (Collect & Edit) - WORLDKINGS (Source of photos : internet )

 

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