Automotive


Arabam.com upgrades its homepage

Arabam.com upgrades its homepage

Leading Turkish used auto vertical Arabam.com has upgraded its website to offer users a faster and more effective online experience. The most notable change is its search function, which now features more prominently on the homepage.

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Shpock launches new online platform for car dealers

Shpock launches new online platform for car dealers

Mobile-first marketplace Shpock has launched Shpock+ Motors in the UK, a new online platform for professional car dealers. The launch coincides with high volume TV, radio and online advertising campaigns.  Shpock is one of Europe’s largest marketplace apps and claims to be among the top three car marketplaces in the UK with over 4 million monthly active users in this region. In a press release...

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BlueJack set for pre-Series A funding

BlueJack set for pre-Series A funding

The growing used car market in India has auto verticals vying for the top stop. A new entrant BlueJack is set to raise close to $1 million (₹6.5 crores) in a pre-Series A funding round led by WaterBridge Ventures.


Xianyu’s used auto channel lures Chezhibao

Xianyu’s used auto channel lures Chezhibao

The Alibaba-backed mobile marketplace Xianyu is employing a novel approach to secure a place in the hyper-competitive used auto sector in China. The platform’s c-to-b used auto channel, “Fast and Safe [Auto] Sales” (信用速卖) was first launched on a preliminary basis late last year in collaboration with Alibaba’s in-house used auto site che168.com (阿里二手车). 

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Droom plans IPO by end of 2019

Droom plans IPO by end of 2019

Indian auto marketplace Droom is preparing for an initial public offering (IPO) by the end of 2019. The company also announced plans to boost net revenue, targeting $42 million and $107 million in revenues by the end of 2018 and 2019 respectively.

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