Your browser does not support HTML5 audio
Zuzuche, a global self-guided tourism platform, announced on Wednesday its recent closing of a round D financing worth tens of millions of dollars. The funds are to be used to strengthen product research and development, complement the global operations team, expand the Chinese market and improve customer service capabilities.
So far, its business covers more than 6,000 cities in nearly 200 countries and regions, and it has more than 200,000 stores worldwide. Its services include international car rental, Chinese car rental, scenic spot tickets, local entertainment, free GPS in Chinese, 24/7 global customer service in Chinese and English, insurance and other services related to self-guided tours. More than 30 million Chinese tourists have used its global self-guided tour services.
Regarding its international activities, Zuzuche follows market developments in consumer trends. He built flexible teams for different regions and towards different policies, formulating customized operating strategies and helping car dealerships with operational difficulties.
Regarding its domestic business, in the first quarter of 2020, Zuzuche expanded its cooperation with car dealers nationwide in a phased and zoned manner, securing contracts with nearly 3,000 domestic car dealers in four months, covering more of 600 large, medium and small cities and regions. in China. The compound growth rate of the national car rental business since inception exceeds 470%.
SEE ALSO: Innovation Union Completes Round-A+ Funding From Plum Ventures
Besides, Zuzuche cooperates with leading companies in different fields such as Fliggy, China Mobile Bank’s JegoTrip and Ping An Insurance. It has built a comprehensive global self-guided tour service system covering vehicles, insurance, value-added services and after-sales services.
Li Bin, the co-founder of Zuzuche, said that the complications caused by the pandemic will eventually pass and only the most sustainable businesses will be able to survive. In the future, Zuzuche will aim to further develop the global self-driving ecological chain and provide users with a sustainable and independent travel experience.