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CAR Inc. logo — company profile

CAR Inc.

Founded 2007 China Chaoyang, China 1581 employees Post Ipo Equity Total: $1.76B

General Information

Company Name CAR Inc.
Founded Year 2007
Location China Chaoyang, China +1
Employees 1581
Funding Stage Post Ipo Equity
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About CAR Inc.

CAR Inc. is the leading car rental company in China, listed on the Hong Kong Stock Exchange, and backed by major shareholders such as Hertz, Warburg Pincus, and affiliates of Legend. Operating in over 70 Chinese cities with a presence in 200+ lower-tier cities, it holds the largest fleet in China, surpassing the aggregate fleet of its competitors. Since 2015, CAR Inc. has partnered with UCAR Inc. to offer mobile-enabled on-demand chauffeured car services in over 60 cities. Founded in 2007, the company has secured a $228.30M post-IPO equity investment from MBK Partners on 11 November 2020. CAR Inc. aims to continually enhance mobility solutions for Chinese consumers and is committed to exploring growth opportunities within its main operations and along its value chain. This ambitious and tenacious team welcomes talents globally who share a passion for revolutionizing human transportation.

Taxonomy: car rental, China, mobility solutions, transportation services, franchise operations, tech-enabled services, vehicle fleet management, corporate clients, Olympic Games, awards, market dominance, growth opportunities, financial leasing, roadside assistance

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity $228.30M 1
MBK Partners
11 Nov 2020
Post-IPO Secondary $180.60M 1 BAIC Group 21 Jul 2020
Post-IPO Secondary $145.00M 1
Warburg Pincus
17 Apr 2020
Private Equity Round $200.00M 1
Warburg Pincus
01 Jul 2012
Series B CNY1.00B 1
Legend Capital
01 Aug 2010

View All 6 Funding Rounds

CAR Inc. Alternatives & Competitors

CAR Inc. vs
Clear Car Rental Pvt. Ltd
Clear Car Rental Pvt. Ltd

Call 0888-885-5220 visit www.clearcarrental.com to rent a car in India. 24x7 dedicated customer supp...

33 employees
E-Commerce, Real Estate
CAR Inc. vs
eHi Car Rental
eHi Car Rental

Pioneering seamless mobility solutions for both corporate and retail clients across China.

Post Ipo Equity
10 employees
Real Estate, Automotive
Compare CAR Inc. vs eHi Car Rental
CAR Inc. vs
Ogilvie Fleet
Ogilvie Fleet United Kingdom

Ogilvie Fleet provide contract hire, leasing and fleet management solutions for UK companies.

82 employees
Automotive
Compare CAR Inc. vs Ogilvie Fleet
Also compare with: CAR Inc. vs Carwah Rent A Car | كروة تطبيق إيجار السيارات Carwah Rent A Car | كروة تطبيق إيجار السيارات

FAQ About CAR Inc.

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...
CAR Inc. was founded in 2007.
CAR Inc. is headquartered in Chaoyang, China.
CAR Inc. has approximately 1581 employees.
CAR Inc. has completed 6 funding rounds, raising a total of $1.76B. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to CAR Inc. include Clear Car Rental Pvt. Ltd, eHi Car Rental, Ogilvie Fleet, Carwah Rent A Car | كروة تطبيق إيجار السيارات, Jhajjz A Luxury Car and Coach Rental Co.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CAR Inc. and Clear Car Rental Pvt. Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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