Chinese auto dealer software provider Dasouche has applied to go public in the United States and is looking to raise $50 million.

Chinese automotive dealer digital software provider DSC Holdings, headquartered in China, submitted a filing to the U.S. Securities and Exchange Commission (SEC) on Tuesday, planning to raise up to $50 million through an initial public offering (IPO). The company plans to list on the Nasdaq, but has not yet determined a stock symbol. Founded in 2013, DSC Holdings adheres to a strategy of "digitalization, then transaction services", with the core goal of helping used car dealers improve efficiency, reduce costs, and enhance profitability. The company provides digital ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), and B2B retail platforms for Chinese used car dealers and new car intermediaries, offering digital tools and transaction services. Its flagship product "DFC" is a basic ERP platform that is free to use and allows tracking of inventory, prices, and dealer activities within its network. As of early 2026, the platform managed over 50% of China's used car inventory based on Vehicle Identification Number (VIN) statistics. The company's revenue mainly comes from transaction services, including vehicle procurement, inspection, logistics, and storage services; digital solutions contribute a smaller portion of the revenue. As of 2025, the company's platform had approximately 228,000 active users, as well as 30,297 dealers and car intermediaries who converted into paying customers. The company generated $100 million in revenue in the twelve months leading up to December 31, 2025.