Shenzhen Chaowan Travel Technology
Influential car owner service platform in the Greater Bay Area, enhancing vehicle monitoring and management.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | CNY144m | Early VC | |
| Total Funding | 000k | ||
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Shenzhen Chaowan Travel Technology operates as a service platform catering to car owners and travelers within the Guangdong, Hong Kong, and Macau Greater Bay Area. Established in September 2020, the company has positioned itself in the regional transportation and travel market by developing a digital platform for vehicle-related services.
The core of the business is a technology platform that facilitates a range of services, including car rentals, vehicle reservations, logistics, and business travel solutions. A key feature of its offering is an enhanced vehicle monitoring and management system, which underpins its service delivery. The company primarily serves individual consumers (B2C) and operates on a commission-based marketplace and e-commerce model, generating revenue from the transactions facilitated through its platform.
The company is privately held and has secured venture capital funding to support its growth. Publicly disclosed funding rounds indicate the company has raised at least $7.27 million from investors. Noted investors associated with the firm include Sequoia Commercial Group and Cinda International Holding. The firm has completed several early-stage venture capital funding rounds, with recent activities noted in April 2023 and May 2024.
Keywords: car owner services, Greater Bay Area, travel platform, car rental, vehicle management, fncx-online, transportation services, business travel, logistics platform, marketplace, e-commerce, venture capital, Sequoia Commercial Group, Cinda International Holding, Guangdong, Hong Kong, Macau, vehicle monitoring, car reservation, mobility services