Mogu Zhixing
Series C in 2023
Mogu Zhixing is a software as a service (SaaS) connected cars platform launched in November 2017 by a Chinese company whose name can be translated as "Zhidao Network Technology Co." Leveraging its "hardware plus operating system plus application" service model, the company primarily provides a range of services like locating and tracking vehicles, generating traveling data and searching for car maintenance.
Oxa is a developer of autonomous vehicle software that focuses on creating AI-based platforms for the operation and scaling of fleets of autonomous vehicles. The company's technology combines laser vision and radar for effective localization, allowing autonomous systems to understand their surroundings and navigate safely in complex environments. Oxa's software is designed to operate with low compute power requirements, making it accessible for various business applications. By providing solutions that enhance vehicle positioning and movement prediction, Oxa enables clients to implement and accelerate the deployment of autonomous vehicles in a range of settings.
Tenways
Venture Round in 2022
Tenways is a manufacturer and seller of eBikes designed to facilitate daily commuting in an effortless, speedy, and eco-friendly manner. The company focuses on creating affordable and easy-to-use bicycles that cater to a growing demand for sustainable transportation options. With a robust, vertically integrated global manufacturing and supply chain, Tenways ensures that its eBikes are not only reliable but also contribute to reducing the carbon footprint associated with traditional commuting methods.
Lilium GmbH is an aviation company based in Wessling, Germany, focused on providing an on-demand air taxi service to enhance urban and suburban mobility. Founded in 2015, Lilium has developed the Lilium Jet, a fully-electric vertical take-off and landing aircraft designed to facilitate regional travel that is significantly faster than traditional rail or road options while remaining competitively priced. The Lilium Jet, which can accommodate seven passengers, is engineered for high performance with low noise emissions, supporting the company's goal of creating a sustainable and efficient transportation network for people and goods. The company's journey began with the successful first flight of its demonstrator aircraft in 2019, marking a significant milestone in its mission to revolutionize air mobility.
Nowports is a digital freight forwarder that streamlines the import and export processes for businesses. Its platform enables users to manage shipments in real-time, providing features such as freight tracking, shipment booking, and product registration. By leveraging artificial intelligence, Nowports enhances the security and transparency of logistics operations. The platform is designed to facilitate the transportation of goods conveniently and affordably, allowing companies to request quotes and manage their supply chains efficiently from any port.
Optibus leverages the power of machine learning and optimization algorithms to redefine the way mass-transportation is planned and operated. Optibus’ disruptive technology drive some of the most complex transportation operations worldwide, helping to improve the quality of service, increase efficiencies, save money, and streamline operations.
CargoX is a technology-driven freight marketplace based in Sao Paulo, Brazil, established in 2013. The platform connects shipping companies with a network of over 1.4 million trucks, effectively addressing the issue of excess capacity in the transportation sector. By providing real-time information on available truck capacity, CargoX enhances freight visibility and helps shippers identify optimal solutions for transporting a wide range of products throughout Brazil. This approach not only reduces shipping costs for clients but also increases earnings for truck drivers while minimizing CO2 emissions associated with empty trucks on the road.
GoTo Group
Funding Round in 2021
GoTo Group is an application used for ride-hailing, food delivery, and other services. GoTo Group is driving progress by providing technology infrastructure and solutions that enable everyone to participate in and thrive in the digital economy.
Universal Hydrogen
Series B in 2021
Universal Hydrogen is focused on advancing hydrogen aviation by creating a comprehensive hydrogen ecosystem tailored for the aviation industry. Founded in 2020 and based in Hawthorne, California, the company develops innovative technologies for hydrogen distribution and propulsion. It manufactures capsule modules designed to safely store hydrogen during transit, which also function as modular fuel tanks that can be directly loaded onto aircraft. Universal Hydrogen provides an end-to-end hydrogen value chain, facilitating the transport of hydrogen from production facilities to airports using existing freight infrastructure. This approach eliminates the need for expensive new pipelines and storage facilities, supporting the transition to carbon-free flight and helping to mitigate the climate impact of air travel. Through strategic partnerships and dedicated logistics, Universal Hydrogen aims to make hydrogen-powered aviation a practical reality.
Lilium GmbH is an aviation company based in Wessling, Germany, focused on providing an on-demand air taxi service to enhance urban and suburban mobility. Founded in 2015, Lilium has developed the Lilium Jet, a fully-electric vertical take-off and landing aircraft designed to facilitate regional travel that is significantly faster than traditional rail or road options while remaining competitively priced. The Lilium Jet, which can accommodate seven passengers, is engineered for high performance with low noise emissions, supporting the company's goal of creating a sustainable and efficient transportation network for people and goods. The company's journey began with the successful first flight of its demonstrator aircraft in 2019, marking a significant milestone in its mission to revolutionize air mobility.
Oxa is a developer of autonomous vehicle software that focuses on creating AI-based platforms for the operation and scaling of fleets of autonomous vehicles. The company's technology combines laser vision and radar for effective localization, allowing autonomous systems to understand their surroundings and navigate safely in complex environments. Oxa's software is designed to operate with low compute power requirements, making it accessible for various business applications. By providing solutions that enhance vehicle positioning and movement prediction, Oxa enables clients to implement and accelerate the deployment of autonomous vehicles in a range of settings.
Full Truck Alliance
Venture Round in 2020
Full Truck Alliance is a Chinese company that operates a platform connecting shippers with truckers to facilitate the transportation of goods over various distances and cargo weights. The company provides comprehensive services to both shippers and truckers through its mobile and web platforms. Its primary source of revenue comes from the use of these platforms for freight matching services, as well as additional value-added services. By streamlining the logistics process, Full Truck Alliance aims to enhance efficiency in freight transportation within the region.
Lilium
Venture Round in 2020
Lilium GmbH is an aviation company based in Wessling, Germany, focused on providing an on-demand air taxi service to enhance urban and suburban mobility. Founded in 2015, Lilium has developed the Lilium Jet, a fully-electric vertical take-off and landing aircraft designed to facilitate regional travel that is significantly faster than traditional rail or road options while remaining competitively priced. The Lilium Jet, which can accommodate seven passengers, is engineered for high performance with low noise emissions, supporting the company's goal of creating a sustainable and efficient transportation network for people and goods. The company's journey began with the successful first flight of its demonstrator aircraft in 2019, marking a significant milestone in its mission to revolutionize air mobility.
Tuhu is a prominent integrated online and offline platform for automotive services in China, catering to car owners' diverse needs through a customer-centric model. The company offers same-day or next-day delivery and installation of automobile after-sales products in over 260 cities across mainland China. Tuhu's services are accessible via its website, mobile app, call center, and third-party e-commerce platforms. By streamlining its supply chain and providing a digitalized, on-demand service experience, Tuhu effectively connects car owners, suppliers, and automotive service stores. Its platform accommodates a wide range of passenger vehicle models and fulfills various automotive service demands, including tire and chassis parts replacement, maintenance, repair, and detailing.
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.
ON TIME
Venture Round in 2019
ON TIME is a mobile travel service provider company.
T3 Mobile Travel Services
Series A in 2019
T3 Mobile Travel Services is a provider of car-sharing and travel solutions that emphasizes renewable energy and innovative technology. The company operates an online car-hailing platform designed for both individual and corporate clients. T3's services include autonomous driving capabilities and a self-operated system that integrates a connected car security framework, AI facial recognition, and high-precision mapping. This technology enables users to experience professional, efficient, and safe ride-hailing services. T3 aims to create a "smart mobility ecosystem," leveraging data from technology partners and manufacturing expertise from automotive firms to enhance its offerings in the travel services market.
YiQi Exchange
Series B in 2019
YiQi Exchange is a new energy service provider based in Suzhou, China, specializing in the development of battery charging stations for electric vehicles, particularly electric bikes, since its founding in 2014. The company focuses on creating innovative power-changing stations that connect vehicles, battery packs, and charging infrastructure, facilitating convenient battery exchanges for users during their travels. YiQi Exchange's solutions aim to support urban mobility by providing sustainable charging options for last-mile riders, enabling efficient battery management through a dedicated application.
Mogu Zhixing
Series A in 2019
Mogu Zhixing is a software as a service (SaaS) connected cars platform launched in November 2017 by a Chinese company whose name can be translated as "Zhidao Network Technology Co." Leveraging its "hardware plus operating system plus application" service model, the company primarily provides a range of services like locating and tracking vehicles, generating traveling data and searching for car maintenance.
G7
Private Equity Round in 2018
G7 is a company that specializes in fleet management systems aimed at optimizing the transportation ecosystem. With a significant installation base of 800,000 cargo vehicles across China, G7 utilizes proprietary hardware devices to gather and analyze data for logistics companies and drivers. The company's platform enables businesses to locate and monitor transportation vehicles, track driver behaviors, and estimate departure and arrival times. Additionally, G7 provides detailed insights on route optimization, fuel consumption, and cargo conditions, such as temperature and humidity, which helps corporate clients and business owners enhance the efficiency of their transportation networks.
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.
Tuhu is a prominent integrated online and offline platform for automotive services in China, catering to car owners' diverse needs through a customer-centric model. The company offers same-day or next-day delivery and installation of automobile after-sales products in over 260 cities across mainland China. Tuhu's services are accessible via its website, mobile app, call center, and third-party e-commerce platforms. By streamlining its supply chain and providing a digitalized, on-demand service experience, Tuhu effectively connects car owners, suppliers, and automotive service stores. Its platform accommodates a wide range of passenger vehicle models and fulfills various automotive service demands, including tire and chassis parts replacement, maintenance, repair, and detailing.
Full Truck Alliance
Private Equity Round in 2018
Full Truck Alliance is a Chinese company that operates a platform connecting shippers with truckers to facilitate the transportation of goods over various distances and cargo weights. The company provides comprehensive services to both shippers and truckers through its mobile and web platforms. Its primary source of revenue comes from the use of these platforms for freight matching services, as well as additional value-added services. By streamlining the logistics process, Full Truck Alliance aims to enhance efficiency in freight transportation within the region.
Marble is a San Francisco-based company that designs, develops, and manufactures robots specifically for last mile logistics applications. The company focuses on creating a fleet of intelligent courier robots that can reliably and securely transport essential goods such as groceries, meals, and medicine. By leveraging advanced robotics technology, Marble aims to enhance the efficiency of delivery services and meet the growing demand for convenient transportation solutions.
JD.com
Venture Round in 2018
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.
Uber
Secondary Market in 2017
Uber Technologies, Inc., established in 2009, is a global technology company that connects users with transportation and logistics services through its mobile application. It operates in over 300 cities worldwide, offering a range of services including ridesharing, food delivery, and freight transportation. Uber's core business is facilitating transportation by matching riders with drivers, providing safe, reliable, and convenient options at varying price points. Additionally, Uber Advanced Technologies Group, a subsidiary, focuses on developing self-driving car technology to enhance transportation safety and accessibility.
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.
Ola
Private Equity Round in 2017
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
Lilium GmbH is an aviation company based in Wessling, Germany, focused on providing an on-demand air taxi service to enhance urban and suburban mobility. Founded in 2015, Lilium has developed the Lilium Jet, a fully-electric vertical take-off and landing aircraft designed to facilitate regional travel that is significantly faster than traditional rail or road options while remaining competitively priced. The Lilium Jet, which can accommodate seven passengers, is engineered for high performance with low noise emissions, supporting the company's goal of creating a sustainable and efficient transportation network for people and goods. The company's journey began with the successful first flight of its demonstrator aircraft in 2019, marking a significant milestone in its mission to revolutionize air mobility.
Meituan Bike
Series E in 2017
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.
Huochebang
Series B in 2017
Huochebang is an online truck logistics platform that connects cargo shippers with truck drivers across China. The company offers an integrated service that facilitates communication between these two parties by listing available truck capacity and assisting drivers in finding commodities to transport and vacant parking lots. Additionally, Huochebang provides services related to truck sales and used truck auctions, contributing to the overall efficiency and cost-effectiveness of the transportation sector. By streamlining the logistics process, Huochebang enhances the operations of both truckers and shippers in the Chinese market.
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.
Meituan Bike
Series D in 2017
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.
Huochebang
Series B in 2016
Huochebang is an online truck logistics platform that connects cargo shippers with truck drivers across China. The company offers an integrated service that facilitates communication between these two parties by listing available truck capacity and assisting drivers in finding commodities to transport and vacant parking lots. Additionally, Huochebang provides services related to truck sales and used truck auctions, contributing to the overall efficiency and cost-effectiveness of the transportation sector. By streamlining the logistics process, Huochebang enhances the operations of both truckers and shippers in the Chinese market.
Meituan Bike
Series C in 2016
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.
Didi
Funding Round in 2016
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
G7 is a company that specializes in fleet management systems aimed at optimizing the transportation ecosystem. With a significant installation base of 800,000 cargo vehicles across China, G7 utilizes proprietary hardware devices to gather and analyze data for logistics companies and drivers. The company's platform enables businesses to locate and monitor transportation vehicles, track driver behaviors, and estimate departure and arrival times. Additionally, G7 provides detailed insights on route optimization, fuel consumption, and cargo conditions, such as temperature and humidity, which helps corporate clients and business owners enhance the efficiency of their transportation networks.
FlightCar
Series B in 2015
FlightCar, Inc. is a car rental service that operates an online platform connecting car owners with travelers in need of vehicles while at the airport. Founded in 2012 and based in San Francisco, California, FlightCar allows individuals who are parking their cars at airports to rent them out to other approved travelers, providing a cost-effective and convenient option for transportation. The company has expanded its services to multiple locations across the United States, including major cities such as Austin, Boston, Chicago, Los Angeles, and Seattle. By facilitating this peer-to-peer rental system, FlightCar aims to enhance the travel experience for both car owners and renters, promoting a collaborative community among travelers.
Huochebang
Series A in 2015
Huochebang is an online truck logistics platform that connects cargo shippers with truck drivers across China. The company offers an integrated service that facilitates communication between these two parties by listing available truck capacity and assisting drivers in finding commodities to transport and vacant parking lots. Additionally, Huochebang provides services related to truck sales and used truck auctions, contributing to the overall efficiency and cost-effectiveness of the transportation sector. By streamlining the logistics process, Huochebang enhances the operations of both truckers and shippers in the Chinese market.
Didi
Private Equity Round in 2015
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
Tongcheng Travel Holdings
Venture Round in 2015
Tongcheng Travel Holdings is a prominent online travel agency based in China, specializing in accommodation reservations and transportation ticketing. In the third quarter of 2022, the company generated 88% of its revenue from these core services, with the remainder derived from advertising and in-house software sales. Established in 2018 through the merger of Tongcheng Network and eLong, the platform offers both online and offline booking capabilities, supported by call centers to enhance customer service. Tongcheng Travel primarily targets lower-tier cities, catering to a user base that is predominantly from non-first-tier regions, reflecting its strategic focus on expanding travel accessibility in less urbanized areas. The company is partially owned by Tencent and Trip.com, which further bolsters its position in the competitive travel market.
Lyft is a transportation company that operates a mobile application connecting passengers with drivers for on-demand rides. The app facilitates ride scheduling, including advance bookings up to seven days, and handles in-app payments. Primarily serving college, university, and corporate communities, Lyft offers various ride options, such as private, shared, and luxury vehicles. Additionally, it provides multimodal transportation solutions, including bike and scooter sharing.
Cyngn, founded in 2009 and based in Palo Alto, California, is an industrial autonomous vehicle technology company. It develops DriveMod, a flexible autonomous driving solution that can be deployed on various vehicle types and in diverse environments. Cyngn's technology integrates with commercially available sensors and hardware, offering safe, scalable, and efficient self-driving vehicle solutions to industrial organizations. Its system is vehicle-agnostic, allowing heterogeneous fleets to switch between fully-autonomous, remotely-controlled, and manual modes. Cyngn aims to address current challenges faced by industrial organizations, such as labor shortages, expensive safety incidents, and growing eCommerce demands.
Cyngn, founded in 2009 and based in Palo Alto, California, is an industrial autonomous vehicle technology company. It develops DriveMod, a flexible autonomous driving solution that can be deployed on various vehicle types and in diverse environments. Cyngn's technology integrates with commercially available sensors and hardware, offering safe, scalable, and efficient self-driving vehicle solutions to industrial organizations. Its system is vehicle-agnostic, allowing heterogeneous fleets to switch between fully-autonomous, remotely-controlled, and manual modes. Cyngn aims to address current challenges faced by industrial organizations, such as labor shortages, expensive safety incidents, and growing eCommerce demands.
G7 is a company that specializes in fleet management systems aimed at optimizing the transportation ecosystem. With a significant installation base of 800,000 cargo vehicles across China, G7 utilizes proprietary hardware devices to gather and analyze data for logistics companies and drivers. The company's platform enables businesses to locate and monitor transportation vehicles, track driver behaviors, and estimate departure and arrival times. Additionally, G7 provides detailed insights on route optimization, fuel consumption, and cargo conditions, such as temperature and humidity, which helps corporate clients and business owners enhance the efficiency of their transportation networks.
Line0 is a food delivery company based in Nanjing, specializing in on-demand services primarily for affordable franchise restaurants. The company guarantees fast delivery, ensuring that meals such as noodles or Whoppers reach customers' doors within one hour. Operating in five cities—Nanjing, Shanghai, Shenzhen, Suzhou, and Wuhan—Line0 utilizes its own fleet of delivery drivers to facilitate online food orders from local providers. In addition to standard meal deliveries, the platform also offers catering services, enhancing its range of food delivery options for consumers.
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
Renren Kuaisong
Series A in 2014
Renren Kuaisong, formerly known as Renren Kuaidi, operates a crowdsourced delivery platform that facilitates same-city distribution services. The company enables individuals who meet specific eligibility requirements, such as real-name authentication and binding a bank card, to register as couriers. These couriers can use various modes of transportation, including bicycles, scooters, cars, buses, or even walking, to deliver lifestyle products from local boutique stores. By leveraging a network of volunteers, Renren Kuaisong aims to provide efficient and timely delivery solutions, ensuring a hassle-free experience for both couriers and customers.
Renren Express
Series A in 2014
Renren Express provides a platform allowing any registered users to provide local town delivery services.
Tongcheng Travel Holdings
Venture Round in 2014
Tongcheng Travel Holdings is a prominent online travel agency based in China, specializing in accommodation reservations and transportation ticketing. In the third quarter of 2022, the company generated 88% of its revenue from these core services, with the remainder derived from advertising and in-house software sales. Established in 2018 through the merger of Tongcheng Network and eLong, the platform offers both online and offline booking capabilities, supported by call centers to enhance customer service. Tongcheng Travel primarily targets lower-tier cities, catering to a user base that is predominantly from non-first-tier regions, reflecting its strategic focus on expanding travel accessibility in less urbanized areas. The company is partially owned by Tencent and Trip.com, which further bolsters its position in the competitive travel market.
Cyngn, founded in 2009 and based in Palo Alto, California, is an industrial autonomous vehicle technology company. It develops DriveMod, a flexible autonomous driving solution that can be deployed on various vehicle types and in diverse environments. Cyngn's technology integrates with commercially available sensors and hardware, offering safe, scalable, and efficient self-driving vehicle solutions to industrial organizations. Its system is vehicle-agnostic, allowing heterogeneous fleets to switch between fully-autonomous, remotely-controlled, and manual modes. Cyngn aims to address current challenges faced by industrial organizations, such as labor shortages, expensive safety incidents, and growing eCommerce demands.
Tongcheng Travel Holdings
Venture Round in 2012
Tongcheng Travel Holdings is a prominent online travel agency based in China, specializing in accommodation reservations and transportation ticketing. In the third quarter of 2022, the company generated 88% of its revenue from these core services, with the remainder derived from advertising and in-house software sales. Established in 2018 through the merger of Tongcheng Network and eLong, the platform offers both online and offline booking capabilities, supported by call centers to enhance customer service. Tongcheng Travel primarily targets lower-tier cities, catering to a user base that is predominantly from non-first-tier regions, reflecting its strategic focus on expanding travel accessibility in less urbanized areas. The company is partially owned by Tencent and Trip.com, which further bolsters its position in the competitive travel market.