Oriental Carring Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,001

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $700M

Oriental Carring General Information

Description

Developer of a mobile application intended to provide car rental services. The company's application allows users to efficiently rent cars and find ideal drivers for both personal and commercial uses online, enabling enterprises and individuals to have excellent car rental experiences.

Contact Information

Website
www.yongche.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 20th Floor, Tower A, Marriott Center
  • No.7 Jianguomen South Street, Dongcheng District
  • Beijing, 100005
  • China
+86 400
Primary Industry
Automotive
Other Industries
Application Software
Parent Company
Vertical(s)
Corporate Office
  • 20th Floor, Tower A, Marriott Center
  • No.7 Jianguomen South Street, Dongcheng District
  • Beijing, 100005
  • China
+86 400

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Oriental Carring Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 20-Oct-2015 $700M Completed Generating Revenue
6. Later Stage VC 01-Jun-2015 Completed Generating Revenue
5. Later Stage VC (Series D) 15-Sep-2014 Completed Generating Revenue
4. Later Stage VC (Series C) 19-Dec-2013 Completed Generating Revenue
3. Early Stage VC (Series B) 01-Apr-2013 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Jul-2011 $10M $11M Completed Generating Revenue
1. Seed Round 01-Jan-2010 $1M $1M Completed Startup
To view Oriental Carring’s complete valuation and funding history, request access »

Oriental Carring Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile application intended to provide car rental services. The company's application allows users to eff
Automotive
Beijing, China
1,001 As of 2015

Bengaluru, India
 

Guangzhou, China
 
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Oriental Carring Competitors (32)

One of Oriental Carring’s 32 competitors is Ola, a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ola Venture Capital-Backed Bengaluru, India
zuzuche.com Venture Capital-Backed Guangzhou, China
BaoJiaChuXing Venture Capital-Backed Beijing, China
Curb Mobility Private Equity-Backed Long Island City, NY
Atzuche Venture Capital-Backed Jiaxing, China
You’re viewing 5 of 32 competitors. Get the full list »

Oriental Carring Patents

Oriental Carring Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2016141710-A1 Network vehicle using system for realizing two-way selection of passenger and driver Inactive 10-Mar-2015
WO-2016127651-A1 Vehicle use system for adjusting transport capacity by using vehicle use passion of operating area Inactive 10-Feb-2015
WO-2016090993-A1 Electronic fence system for networked car rental Inactive 10-Dec-2014
WO-2016078476-A1 System for judging whether passenger gets into or out of car when renting car via network Inactive 21-Nov-2014
WO-2016074538-A1 Sent order ranking system and method for reducing no-load running and waiting time in online taxi renting Inactive 13-Nov-2014 G08G1/202
To view Oriental Carring’s complete patent history, request access »

Oriental Carring Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Oriental Carring Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
5Y Capital Venture Capital Minority
China Broadband Capital Partners Venture Capital Minority
DCM Ventures Venture Capital Minority
GIC Private Sovereign Wealth Fund Minority
Qualcomm Ventures Corporate Venture Capital
You’re viewing 5 of 8 investors. Get the full list »

Oriental Carring FAQs

  • When was Oriental Carring founded?

    Oriental Carring was founded in 2010.

  • Where is Oriental Carring headquartered?

    Oriental Carring is headquartered in Beijing, China.

  • What is the size of Oriental Carring?

    Oriental Carring has 1,001 total employees.

  • What industry is Oriental Carring in?

    Oriental Carring’s primary industry is Automotive.

  • Is Oriental Carring a private or public company?

    Oriental Carring is a Private company.

  • What is the current valuation of Oriental Carring?

    The current valuation of Oriental Carring is .

  • What is Oriental Carring’s current revenue?

    The current revenue for Oriental Carring is .

  • How much funding has Oriental Carring raised over time?

    Oriental Carring has raised $790M.

  • Who are Oriental Carring’s investors?

    5Y Capital, China Broadband Capital Partners, DCM Ventures, GIC Private, and Qualcomm Ventures are 5 of 8 investors who have invested in Oriental Carring.

  • Who are Oriental Carring’s competitors?

    Ola, zuzuche.com, BaoJiaChuXing, Curb Mobility, and Atzuche are some of the 32 competitors of Oriental Carring.

  • When was Oriental Carring acquired?

    Oriental Carring was acquired on 20-Oct-2015.

  • Who acquired Oriental Carring?

    Oriental Carring was acquired by LeTV.

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