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Exclusive: dubizzle expands motors section through two new acquisitions
Exits arabianbusiness.com - 3 years ago - Thu, Mar 8, 2018, 12:29 PM
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By Bernd Debusmann Jr / Arabian Business - Image Credit: MAGNiTT
SOURCE: Arabian Business - Exclusive: dubizzle expands motors section through two new acquisitions
Classified platform dubizzle has announced its second round of major acquisitions, with two Dubai-based companies, Expat Wheels and Wecashanycar.
The investments mark dubizzle’s first acquisitions under the motors section. Dubizzle Motors has the largest market share in terms of traffic, users and number of listings in the UAE.
Through the acquisitions, the platform allows car sellers to use two new services – ‘Sell it For me’, which manages the end-to-end sales process, and ‘Cash it For Me’, a liquid and transparent solution conducted via a live auction platform connected to dubizzle’s 600+ professional dealers.
“This acquisition marks a milestone for dubizzle Motors as we are expanding our services to cater to the needs of all types of used car sellers,” said Jean-Pierre Mondalek, the general manager of dubizzle Motors. “By being closer to the transactions, we aim to make the entire process more convenient and transparent to both private and professional users.”
Expat Wheels was founded in 1994 and is designed to relieve sellers of managing and ad listing, buyer negotiation and RTA transfer, while ensuring the car is sold at a fair market price. Used car buyers can rely on a 240-point check inspection and verification of the car ahead of the purchase.