Huimaiche is an internet high‑tech company providing automotive new‑retail full‑chain solutions. Its business combines online system development, branded chain operations, full‑brand vehicle buying and selling, aftermarket services, and lifestyle new retail. The company completed its first financing round of RMB50 million at a valuation of RMB550 million. The Series A will be used to further improve Huimaiche's online new‑retail 2.0 efficiency and the precision model for new‑media operations. It also plans market investment and expansion under a "thousands of cities, ten thousand stores" initiative. Investors on this round include Plum Ventures as lead and Shunfu Capital as a follow‑on investor.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2024