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Star Car Life

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A peer to peer car sharing service

Dongcheng District, ChinaFounded 2012Transportation
Valuation $100–250M Last recorded · 2015
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Star Car Life and the history behind them.

About Star Car Life

Established in 2012 by Eddy Zhang and Jamie Wang, iCarsclub, later operating as PPzuche in China, emerged as a pioneer in the peer-to-peer car-sharing market in Singapore. The company was founded on the principle of asset sharing, aiming to provide a platform where private car owners could generate passive income by renting out their vehicles when not in use. The service catered to individuals seeking convenient and affordable short-term car rentals, offering an alternative to traditional car rental agencies.

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The founders, both originally from China and later becoming Singaporean citizens, brought complementary expertise to the venture. Eddy Zhang, a serial entrepreneur, had prior experience in the internet industry, having founded a successful group-buying website. Jamie Wang's background was in the automotive sector, providing crucial industry knowledge. Their combined experience helped shape the company's strategy, which was supported by early-stage funding from Red Dot Ventures.

The platform's core offering was a mobile and web-based service that connected car owners with renters. A key feature of the service was the installation of a keyless entry system, or telematics device, in the owner's vehicle. This allowed renters to book, locate, and unlock cars using their smartphones, creating a seamless and efficient rental process. For car owners, the platform offered the potential to earn supplemental income, while renters benefited from access to a network of vehicles at competitive rates, often lower than those of conventional rental companies. The business model was based on taking a commission from each rental transaction facilitated through the platform. Following its launch in Singapore, the company expanded its operations into the Chinese market under the name PPzuche to tap into the larger market opportunity there.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Dongcheng District, China
Employees
113
Open positions
None listed
Dealroom signal
60.2/100
Industry
Transportation
Sub-industry
Mobility, Search, Buy & Rent
Sector
Transportation, Automotive, Classifieds, Peer-to-Peer, Car
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Mar 2019 $0 — Guazi —
SERIES COther financing Sep 2015 $50M $200M Mingshi Capital · Tiantu Capital · Sequoia · Morningside —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Star Car Life website traffic

Latest recorded traffic for Star Car Life is 110 monthly website visits, down 26.7% over the last three months. Star Car Life's team declined 0.9% over the past year.

Latest monthly visits110 3-month web change-26.7% 1-year team growth-0.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

Series B and later5 investors entered at this stage

Other known investors1 additional known investor

  • Guazi
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Star Car Life on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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