Carzone
Founded Year
2013Stage
Series D - III | AliveTotal Raised
$946.49MLast Raised
$200M | 4 yrs agoAbout Carzone
Carzone is an aftermarket service provider in the automotive industry, focusing on building a network for car parts distribution. The company offers services including the sale of automotive components and accessories, using its network to integrate supply chains. Carzone serves the automotive aftermarket sector, providing services and products for vehicle maintenance and repair. Carzone was formerly known as Jiangsu Kangzhong. It was founded in 2013 and is based in Nanjing, Jiangsu.
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Expert Collections containing Carzone
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Carzone is included in 2 Expert Collections, including E-Commerce.
E-Commerce
11,424 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,309 items
Latest Carzone News
Aug 23, 2018
Sina Tech, 8/23/18 Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall recently announced that its automotive division will form an aftermarket joint venture with Zhejiang-based wheel and tire manufacturer Jingu's (002488.SZ) subsidiary car care platform Qiche Chaoren ("Car Superman") and Jiangsu-based Kangzhong Industry Investment's auto parts B2B e-commerce platform Carzone. The new company will get a cash injection from Alibaba Group and merge Car Superman's supply chain company with Carzone. However, the new company will be operated independently from Tmall and sister site Taobao's after-market services (excluding car parts). Car Superman will be the second-largest stake holder after Alibaba. Carzone founder and president Shang Baoguo will serve as the first CEO and Tmall's head of automotive Cai Yongzhi will be COO. The new company will also take investments from Warburg Pincus, Yunfeng Capital, and Pacific Alliance Group. Once the new company is established, its supply chain system will cover more than 80,000 stores across the country and include various parts and accessories, including engine oil, tires, batteries, and quick-wear parts. Core accessories will be equipped with a bar code, which users can scan with the Tmall or Taobao app to check sourcing and verify authenticity. The new company will have central and regional warehouses in nearly 30 provinces and close to 600 storefront forward warehouses providing "5 km, 30-minute" delivery to over 70,000 auto repair shops.
Carzone Frequently Asked Questions (FAQ)
When was Carzone founded?
Carzone was founded in 2013.
Where is Carzone's headquarters?
Carzone's headquarters is located at No. 8 Jialingjiang East Street, Jianye District, Nanjing.
What is Carzone's latest funding round?
Carzone's latest funding round is Series D - III.
How much did Carzone raise?
Carzone raised a total of $946.49M.
Who are the investors of Carzone?
Investors of Carzone include Buhuo Venture Capital, Alibaba Group, Asia Investment Capital, Yunlong Capital, PAG and 10 more.
Who are Carzone's competitors?
Competitors of Carzone include Autozi and 7 more.
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Compare Carzone to Competitors
Haomeite Selected Auto Parts Chain operates in the automotive aftermarket sector, providing vehicle maintenance and repair services. The company offers a selection of automotive parts and accessories for car owners and repair shops. Its services are directed at the automotive service industry, including repair shops and car maintenance professionals. It was founded in 2003 and is based in Guangzhou, China.
SORL provides automotive aftermarket services with a full direct channel network. It offers repair shops and end customers nationwide parts supply and after-sales services. It delivers car accessories such as engine modules, suspension modules, electrical control devices, engine parts, and more. The company was founded in 2016 and is based in Wenzhou, China.
Ruili Group Ruian Auto Parts is a manufacturer in the automotive parts industry. The company produces automotive electronic components, hydraulic parts, and brake systems. Ruili Group serves sectors within the automotive industry, including automotive manufacturers and aftermarket services. It is based in Beijing, China.
CarZone specializes in supply chain solutions within the automotive aftermarket sector. The company offers a range of services including retail distribution of auto parts, franchised workshop services, and a SaaS system for garage management. CarZone primarily serves the automotive aftermarket, with a focus on providing support to garage customers and ensuring end customer satisfaction. It was founded in 1990 and is based in Shanghai, Shanghai.
Garaaz operates as a marketplace and SaaS provider in the automobile spare parts sector. The company offers applications for the procurement and distribution of genuine spare parts for vehicles, as well as tools for business analysis. Garaaz primarily serves distributors and workshops within the automotive industry, providing them with platforms to manage orders and track inventory. It was founded in 2019 and is based in Jaipur, India.
Operator of automobile repair shops. The company operates a chain of one stop automobile repair shop offering car beauty, maintenance, repair, and insurance services. It also operates franchises.
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