Abstract: A pulling cart with four wheels can be folded into a folded configuration. The wheels are mounted on wheel assemblies which can be in an open or a folded position. The cart has a front panel hinged to a rear panel. The front panel has a front carrier for mounting two wheel assemblies and a pair of slide rails extendable to the second panel. A rear carrier having two wheel assemblies is fixedly mounted to the end portion of the slide rails to move between the front and rear panels. When the cart is used for pulling, all wheel assemblies are in the open position. Each carrier has two arm-receiving holes. Each wheel assembly has a pair of arcuate arms which can rest on the carrier to support the wheel in the open position or move through the arm-receiving hole into the folded position for folding the cart.