Absrtact: Overseas Car rental platform rental to 36 Krypton confirmed that they have received 10 million dollars a round of financing, the round of financing of the investment side for Qiming venture. Rental car is a 2011-year end of the online rental car platform, the model similar to the overseas car rental areas to go,
Overseas Car rental platform "rental car" to 36 Krypton confirmed that they have received 10 million dollars a round of financing, the round of financing investors for Qiming venture.
"Rent A Car" is a 2011-year end of the online rental car platform, similar to the overseas car rental areas to go, through and outside the large car rental companies, for outbound driving Chinese users to provide destination car search and booking services.
Upon completion of this round of financing, rental cars will continue to optimize the product, marketing, and improve the level of upstream supply chain standardization. Rental Car founder Ken and I said that in fact, to do a car rental abroad is a hard work, there are many relative to the Chinese users are not standard places, they want to be able to do all aspects of more standardized. For example, every car rental company, and every car rental company's store has its own characteristics of some rules, such as the different rules of Chinese driving licences, such as companies will provide different types of insurance, they are in the car rental companies and the company's 50,000 stores in the negotiations to standardize cooperation. And there will be more work to be done in the future to improve the level of standardization.
According to the rental rental data, its online so far the total number of services more than 1 million users, each month, half of the order is from Word-of-mouth spread. And Ken said, everyone is optimistic about the growth prospects of outbound travel, because outbound tourism has a growth of 20% a year, but on their data, the car/self-driving market is growing faster, its composite growth rate of 100% each quarter, its growth rate is nearly 200% this year. But for now, the overseas car rental market is still very small, although Ctrip is also working on the market, but most of the domestic users are directly to the official website of the major rental companies to make reservations, or in the cumbersome terms and language issues before a daunting, rental car would like to through their own to the optimization of these problems, To reduce the threshold of Chinese outbound car rental, so as to obtain a larger incremental market.
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