
Chehang168
Automotive B2B platform for sourcing and financing.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | $1.5m | Series A | |
Total Funding | 000k |
Chehang168 operates as a business-to-business (B2B) service platform for China's automotive industry, officially known as Beijing Leftbrain Network Technology Co., Ltd. Founded in 2007 and publicly listed in 2011 (stock code 430081), the company is a key player in facilitating new vehicle transactions and services.
The platform serves a vast network of over 80,000 registered car dealers, primarily focusing on secondary dealers across China's cities and counties. Chehang168's core business revolves around providing a comprehensive suite of services that streamline the entire vehicle trading process. These services include vehicle sourcing information, marketing and customer acquisition tools, SaaS-based management software, and financial solutions such as supply chain and consumer financing. The platform's "Maicheguanjia" (Car Sales Manager) app offers dealers a new retail and SaaS service platform, incorporating functions for sourcing assistance, logistics, payment processing, and scientific customer management to improve sales conversion.
In 2017, Chehang168 merged with Dasouche (Souche), a major player in China's used car market, and now operates as part of the Dasouche Group. This strategic alliance, backed by investors like Alibaba and Ant Financial, aims to build a collaborative online network for the automotive industry, empowering retailers and advancing the "new retail" concept for automobiles. The platform also features a global portal, Chehang168 Global, which functions as a price hub for Chinese cars, providing market quotes and trends from a large network of verified dealers.
Keywords: automotive B2B, car dealer network, vehicle sourcing, auto supply chain, automotive finance, SaaS, new vehicle platform, car sales management, automotive retail, dealer services, China auto market, car price data, automotive marketing, Dasouche Group, Maicheguanjia, online car trading, vehicle distribution, B2B e-commerce, auto logistics, consumer auto finance