Shanghai Lantu Information Technology Co., Ltd.
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Shanghai Lantu Information Technology Co., Ltd. - overview
Established
2014
Location
Shanghai, -, China
Primary Industry
Retail
About
Based in Shanghai, China, and founded in 2014, Shanghai Lantu Information Technology Co. , Ltd. is an online car services platform and solution provider for the automobile industry. Its business scope covers 19 provinces and 266 cities across the country.
As of June 30, 2023, the company's store network consisted of 161 self-operated stores, 4,968 franchised Workshop stores and 20,013 partner stores, with approximately 105 million registered users. The company was honored as the TOP 50 large consumer innovation enterprises in China by VentureBond of 2019, and a unicorn in China's new economy automobile transportation industry in 2020. In September 2023, it raised pre-IPO funding. In September 2023, the company was listed on the Hong Kong Stock Exchange, and its stock code is 9690.
The company provides automobile services including tires, engine oil, wheel hub via the website. It also provides after-sale automobile services like tire changes, car washes, parts installation via offline branches. The products have served car owners, suppliers, service stores and other participants. The company generates revenue by providing after-sales services such as tires, motor oil, car maintenance, and car detailing.
Current Investors
Carlyle Group, Hong Shan, Qiming Venture Partners
Primary Industry
Retail
Sub Industries
Automobile Repair, Automobiles, Other Vehicles & Parts, Web Applications
Website
www.tuhu.cn
Verticals
E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Shanghai Lantu Information Technology Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Yangman Business | - |
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