Mancando operates a SaaS system hosting listings of 16,000 SKUs across 10 auto-parts categories and connects over 1,600 franchised service providers and more than 13,000 car-repairing plants. The company also runs 35 self-owned and operated stores and maintains warehouses across 18 provinces in China. Mancando combines an online marketplace with physical retail to supply parts and support franchised service providers. It plans to expand its store footprint to 150 units and grow its franchised service provider network to over 2,000. The firm intends to upgrade warehouse capacity, introduce new brands such as Walker into its catalog, and recruit additional talent. Financially, Mancando has recently completed follow-on financing after a prior Series A, supporting its expansion initiatives.

Total raised

$28M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2019