Dubizzle Cashes In On Growing Used Car Sales
by Forbes Middle East Forbes Middle East - Business News
Dubizzle, an online classifieds platform in the U.A.E., acquired two Dubai-based car resellers, Expat Wheels and Wecashanycar for an undisclosed sum.
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These acquisitions provide dubizzle the offline expertise that complement its core online ad listings of automobiles and indicates its ambitions to expand within the growing used car market in the region.While dubizzle leads the market in terms of the number of listings, traffic and users, it is facing stiff competition from websites such as sellanycar.com that offer instant cash when a car sale is done. These deals will help the company become more of an automobile marketplace, rather than just a classified page. dubizzle declined to comment on the price of these acquisitions.
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Created on Mar 14th 2018 01:37. Viewed 1,132 times.
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