Vehicle marketplace Carmudi expands to Southeast Asia
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Vehicle marketplace Carmudi, which has presence in Asia, Africa and Latin America, is expanding in Southeast Asia, specifically the Philippines and Indonesia.
The company said the automotive sectors in these countries are thriving. The Association of Indonesian Automotive Manufacturers (Gaikindo) estimates Indonesia’s car sales to increase by 10 percent this year, possibly hitting a record high sales of 1.3 million vehicles. In the Philippines, the Oxford Business Group reported car sales increasing 43.6 percent from August 2012 to August 2013.
“Indonesians and Filipinos are driving more cars, trucks and motorbikes than ever, which means the demand is there for a high-quality classifieds platform that meets the needs of both buyers and sellers,” said Stefan Haubold, co-founder of Carmudi.
Car buyers can find or sell their car, motorcycle or commercial vehicle online through Camudi. The site offers diverse vehicle listings, with professional photos, detailed descriptions, as well as ranking for vehicles in each market. For dealers and agents, the site offers a business platform that allows them to have personalized web pages.
The site was founded in 2013 and is currently available in Bangladesh, Indonesia, Mexico, Myanmar, Nigeria and Pakistan.
Questions & Answers
Q.Which specific countries in Southeast Asia is Carmudi expanding into?
Which specific countries in Southeast Asia is Carmudi expanding into?
Carmudi is expanding its operations into the Philippines and Indonesia within the Southeast Asian market. The company cited the thriving automotive sectors in both nations as the reason for this strategic move.
Q.What services does Carmudi offer to car buyers on its platform?
What services does Carmudi offer to car buyers on its platform?
Car buyers can use Carmudi to find or sell cars, motorcycles, and commercial vehicles online. The site provides diverse listings with professional photos, detailed descriptions, and vehicle rankings for each market.
Q.What services does Carmudi offer to dealers and agents?
What services does Carmudi offer to dealers and agents?
For dealers and agents, Carmudi provides a business platform. This platform allows them to create and manage their own personalised web pages, facilitating their sales and outreach efforts online.
Q.When was Carmudi founded and in which countries is it currently available?
When was Carmudi founded and in which countries is it currently available?
Carmudi was founded in 2013. It is currently available in Bangladesh, Indonesia, Mexico, Myanmar, Nigeria, and Pakistan, alongside its new expansion countries in Southeast Asia.
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