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Chemao
Online second-hand automobile trading platform
About Chemao
Chemao, a pioneering force in China's online automotive trading sector, was founded by visionary entrepreneurs who saw an opportunity in the burgeoning digital marketplace. The founders, whose names remain less publicized, embarked on a mission to streamline the process of buying and selling cars online, catering to a rapidly growing market of digital-savvy consumers.
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In 2015, Chemao made headlines with a significant Series B funding round, securing RMB 1.2 billion (approximately $189 million) led by Zhefu Holding Group. This infusion of capital was pivotal, enabling Chemao to expand its platform capabilities and enhance its market presence. The funding underscored investor confidence in Chemao's business model and its potential to disrupt traditional car sales channels.
Chemao's platform offers a seamless experience for users, providing a comprehensive suite of services from vehicle listings to financing options. This holistic approach not only simplifies the car buying process but also builds trust with consumers, a crucial factor in the online marketplace.
As Chemao continues to grow, it remains focused on innovation and customer satisfaction, striving to set new standards in the automotive trading industry. The company's journey reflects the dynamic nature of the digital economy and the endless possibilities it holds for forward-thinking businesses.
At a glance
- Founded
- 2012
- Headquarters
- Hangzhou, China
- Sector
- Transportation
- Power Law
- Unicorn$1–10B valuation tier
Latest news
Press, funding announcements and product moves mentioning Chemao.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Vision Plus Capital
ZHEFU Holding Groug
Series B and later1 investor entered at this stage
- ZGZHEFU Holding Groug
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Chemao 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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