Carzone
Founded Year
2013Stage
Series D - III | AliveTotal Raised
$946.49MLast Raised
$200M | 3 yrs agoAbout Carzone
Carzone operates as an automotive parts and accessories supplier and service provider. It sells automotive aftermarket spare parts, including brake components, filters, ignition systems, and wipers, for automobile repair and maintenance stores. It was formerly known as Jiangsu Kangzhong. It was founded in 2013 and is based in Nanjing, China.
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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
11,142 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,258 items
Latest Carzone News
Oct 24, 2022
NewsnReleases LONDON, UK: Auto Trader Group plc (LSE: AUTO), the UK’s largest automotive marketplace, announced the sale of one of its subsidiaries, Webzone Limited, which trades in the Republic of Ireland under the Carzone brand. The business has been sold to Mediahuis Ireland, Ireland’s leading print and digital media publisher which also owns CarsIreland.ie and Cartell.ie, for consideration of €30 million. Carzone is the second largest automotive marketplace for retailers and consumers in Ireland and is headquartered in Dublin. For the year ended 31 March 2022, Carzone contributed total revenue of £4.9m (which included £4.1m of retailer revenue) and operating profit of £1.3m to Auto Trader’s Group results. It represented 4% of the Company’s average retailer forecourts and 4% of its full-time equivalent employees. Commenting on the sale, Nathan Coe, Chief Executive Officer of Auto Trader, said: “Carzone has been part of the Auto Trader Group for nearly 20 years, and I want to thank the whole Carzone team for their hard work during that time. We remain focused on our strategy in the UK, which is to grow our marketplace and establish the products and technology to enable retailers to do more of the car buying journey online, on Auto Trader.” Xavier van Leeuwe, CEO Mediahuis Marketplaces: “We are delighted to welcome the Carzone team into the Mediahuis group. The Carzone brand has a long standing and incredible track record in the Irish automotive space. The culture of excellence of its employees is a significant addition to the expertise within our group. Adding to our existing CarsIreland.ie and Cartell.ie brands, Mediahuis will present an unrivalled offering to the entire Irish motor industry, manufacturers, retailers and consumers alike, allowing us to build the business that will lead the industry in years to come.” Auto Trader Group plc is the UK’s largest digital automotive marketplace. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE 100 Index.
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 Alibaba, Buhuo Venture Capital, Yunlong Capital, Asia Investment Capital, Yunfeng Capital and 10 more.
Who are Carzone's competitors?
Competitors of Carzone include Casstime and 5 more.
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Compare Carzone to Competitors
Garaaz is a B2B marketplace and Software as a Service (SaaS) provider in the automobile industry, focusing on the distribution of spare parts. The company offers a platform for distributors and workshops to manage orders, track inventory, and analyze sales data, aiming to increase efficiency and streamline the procurement process. Garaaz primarily serves the automotive aftermarket sector, catering to the needs of multi-brand garages and workshops. It was founded in 2019 and is based in Jaipur, India.
TML Holdings operates as an automobile holding company. The Company, through its subsidiaries, specializes in automobile manufacturing of cars, utility vehicles, pick-ups, trucks, and buses. It was founded in 2008 and is based in Singapore.
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Kzmal is a digital automotive parts supply chain service platform that focuses on providing business solutions for auto repair enterprises. The company offers a shop for automotive parts and related services, catering to the various needs of auto repair businesses. It was founded in 2015 and is based in Hangzhou, China.
Baturu Information Technology is a company focused on standardizing and digitizing the automotive aftermarket industry. The company offers a range of services including data management, system integration, intelligent warehousing and distribution, and channel creation, all aimed at simplifying the services in the automotive aftermarket. It primarily serves the automotive repair industry. It is based in Guangzhou, Guangdong.
Man Latin America focuses on the automotive industry. The company manufactures heavy trucks and buses under the Volkswagen marque. It was founded in 1981 and is based in Rio de Janeiro, Brazil.
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