uuzuche.com operates a peer-to-peer car sharing service that matches private car owners to drivers (“tenants”) through online dispatching and its UU-rental mobile app. Tenants can find cars nearby in their own neighborhoods, enabling local, community-based sharing. The company is active in four major Chinese cities: Beijing, Shanghai, Chengdu and Sanya, and reports a membership of over 10,000 car owners. uuzuche.com has signed strategic cooperation agreements with Allianz Global Assistance to provide broad road support programs and with SAIC Motors to build services through its 4S dealerships, including online sharing and long-term test driving. The company plans to use the Series A proceeds to expand services to other cities, hire and educate local operation teams, and build the brand. The business model centers on facilitating short-term access to privately owned vehicles via its mobile platform.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2014