C
CAR
Providing customers with superior car rental services including short-term rental, long-term rental and financial leasing
About CAR
We are CAR Inc., the largest car rental company in China and a Hong Kong Stock Exchange listed public company. Our key shareholders include Hertz, Warburg Pincus and affiliates of Legend.
We are the dominant car rental service provider in the PRC. Our fleet is larger than the aggregate fleet of the No.2 through No.20 car rental companies operating in China. We directly operate in over 70 Chinese cities, supplemented with franchisee presence in another 200+ lower-tier Chinese cities. Starting early 2015, we partnered with UCAR Inc. to provide mobile-enabled on-demand chauffeured car service in over 60 Chinese cities. It is our mission to always evolve, improve, and provide Chinese consumers with more and better mobility solutions.
Our collegial and tenacious team is what propelled us to today’s success since our establishment in 2007. With the ample resources we have on hand, we continue to explore growth opportunities within our main operations as well as along our value chain, and we are always seeking new talent to join us from around the world. If you have a passion for finding better solutions for human transportation, and would like to work in a collegial environment with meaningful challenges and opportunities, we would be very delighted to hear from you.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2007
- Headquarters
- Dongcheng District, China
- Listing
- IPO 2014
- Employees
- 1,700
- Open positions
- None listed
- Dealroom signal
- 28.0/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Automotive, Renting
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 1 company, latest Sep 2015
- Capital deployed
- $550M
- Preferred round
- SERIES B
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Nov 2020 | $228M | — | MBK Partners | — |
| POST IPO EQUITYOther financing | Apr 2020 | $145M | — | Warburg Pincus | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $8.9B | +5.5% | $945M | 10.6% |
| 2025 | $8.4B | +9.5% | $945M | 11.2% |
| 2024 | $7.7B | +0.2% | $889M | 11.6% |
| 2023 | $7.7B | +11.9% | $635M | 8.3% |
| 2022 | $6.8B | +9% | $573M | 8.4% |
| 2021 | $6.3B | +645.7% | $154M | 2.5% |
| 2020 | $842M | — | — | — |
Growth signals
Latest recorded traffic for CAR is 430 monthly website visits, up 30.3% over the last three months. CAR's team grew 0.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Series B and later2 investors entered at this stage
Warburg Pincus
MBK Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about CAR on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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