Last deal

Amount

Venture - Series Unknown

Stage

02.11.2021

Date

3

all rounds

$725M

Total amount

date founded

Financing round

General

About Company
Kuaidi Group is the world's largest car service company, revolutionizing transportation in China and beyond.

Industry

Sector :

Subsector :

founded date

01.08.2012

founders

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Kuaidi Group offers a technologically advanced app that integrates mapping and payment systems, making it accessible to everyone. With over 1 million taxis and a range of standard and luxury cars, Kuaidi meets the diverse needs of its 100 million registered users in over 300 cities. By partnering with government and regulators, Kuaidi has created a flexible framework that adapts to different platforms. The company has secured partnerships with major players like Alipay, Ctrip, Baidu Maps, and Qunar, allowing it to optimize its services and exceed customer expectations. Currently fulfilling 6 million requests per day, Kuaidi is addressing the significant need for transportation in a country with low car ownership.
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M&A Details
1

Transaction name

Acquired by

Didi

announced date

14.02.2015

Financials

Funding Rounds
4
3

Number of Funding Rounds

$725M

Money Raised

Their latest funding was raised on 02.11.2021. Their latest investor Alibaba Capital Partners. Their latest round Venture - Series Unknown

Date 
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Investors 
Money Raised 
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02.11.2021
1
15.01.2015
3
$600M
22.10.2014
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$25M
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Co-Investors
Investors
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Number of investors

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People

Founders
2
Cheng Wen
Cheng Wen

Cheng Wen

current job

Kuaidi Dache
Kuaidi Dache

organization founded

1

Cheng Wen

Joe Lee
Joe Lee

Joe Lee

Joe Lee is the Co-Founder and Chief Strategy Officer at Kuaidi Dache.

current job

Klover InsurTech
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Joe Lee

Employee Profiles
5
Weixing Chen

Weixing Chen

CEO

Cheng Wen

Cheng Wen

Co-Founder & CTO

Joe Lee

Joe Lee

Co-Founder

Dong Zhao

Dong Zhao

Co-Founder and Chief Operating Officer

Weixing Chen

Weixing Chen

Co-Founder and Chief Operating Officer

Activity

Recent News
0