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Chinacars

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Chinacars operates a multi-platform automobile internet portal in China

Dongcheng District, ChinaFounded 2001Transportation
Valuation $100–250M Last recorded · 2006
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Chinacars

Operating as Beijing Wangkuo Technology Co., Ltd., Chinacars.com is a provider of export trading services for Chinese vehicles. The company was established on August 22, 2002, and functions as a subsidiary of the Wanxiang Group. Its business is centered on facilitating the export of both new and used vehicles from China, with a notable inclusion of electric vehicles.

The company's offerings are designed to serve international buyers by simplifying the complex process of importing vehicles from China. Chinacars.com provides a suite of services that includes purchasing agent support, comprehensive vehicle transportation logistics, and assistance with customs clearance. The business model appears to be service-based, generating revenue by managing various facets of the vehicle import process for its clients. The company's registered capital is 77 million yuan.

According to public records, Beijing Wangkuo Technology Co., Ltd. has a legal representative named Zhao Qi, who serves as the executive director and manager. The company operates within the technology promotion and application services industry and its business scope includes internet information services, advertising design and distribution, and road vehicle rescue. The firm is a wholly-owned subsidiary of China Wanxiang Holdings Co., Ltd.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2001
Headquarters
Dongcheng District, China
Employees
1
Open positions
None listed
Dealroom signal
0.0/100
Industry
Transportation, Enterprise Software
Sub-industry
Search, Buy & Rent
Sector
Transportation, Automotive, SaaS, Platform
Business model
SaaS

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Aug 2006 $25M $100M Goldman Sachs —
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Growth signals

Chinacars website traffic

Latest recorded traffic for Chinacars is 220 monthly website visits, down 18.5% over the last three months. Chinacars's team grew 0% over the past year.

Latest monthly visits220 3-month web change-18.5% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

Employees 1 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Dongcheng District HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Chinacars 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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